Memecoin Market Value Drops to $31.9 Billion Amid Market Downturn

The memecoin market has experienced a significant decline, with its total market value shrinking to $31. 9 billion, analyst @ai_9684xtpa posted on X. Despite the recent popularity of BSC Meme, data from DeFILama indicates that while it remains a leader in terms of TVL, 7-day fees, and 7-day revenue, these figures have slightly decreased due to market conditions. Interestingly, Flap has seen an explosive increase in the number of tokens created since January 16, reaching a peak of 9,644 tokens created in a single day on January 30, which is more than four times the previous peak source: https://www.binance.com/en/square/post/36039071693370?utm_source=BinanceNewsRSS