During the first half of 2024, meme coins took the spotlight, captivating the crypto world with their quirky charm. However, the hype appears to be cooling off as we move into the latter part of the year.
According to Google Trends, searches for 'meme coins' have significantly decreased. Since May 21, the meme token market has seen a loss of $20 billion in market value.
Source: news.bitcoin.com ↗