Meme coins are clawing back attention after weeks in the shadows, with tokens like Pepe, Bonk and Floki outpacing even Dogecoin and Shiba Inu as speculative appetite returns to crypto markets. 🐸🔥
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According to CryptoQuant, meme-coin dominance within the altcoin market slid to a record low in December after peaking during the November 2024 frenzy. The meme-to-altcoin market cap ratio fell from 11% in November 2024 to just 3.2% a month later-levels that have historically preceded sharp meme-coin rebounds. (Because nothing says “this is a good time to buy” like a 3.2% ratio. 🤷♀️)
Bitcoin investor Lark Davis noted that meme coin valuations have already expanded by more than $10 billion since Jan. 1, arguing that even a mild return of risk appetite in the first quarter could extend the rally across the sector. (Because who needs logic when you can have a 10 billion dollar leap of faith? 🏦)
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2026-01-06 02:32