CryptoQuant CEO Ki Young Ju has called meme coin markets “dead” as recent on-chain data shows meme coin dominance in altcoin markets has dropped to multi-month lows. This declaration has sparked debate within the cryptocurrency community. Some suggest that the bottom is near, while others see mounting losses and shrinking liquidity as signs of serious decline. Meme Coin Dominance Hits Lowest Point Since Early 2024 Data from CryptoQuant shows that meme coin dominance in altcoin markets has declined continuously this year
source: https://beincrypto.com/memecoin-market-dead-2025/