{"id":21656,"date":"2025-03-01T14:23:02","date_gmt":"2025-03-01T12:23:02","guid":{"rendered":"https:\/\/forklog.com\/en\/trading-volumes-of-meme-tokens-on-dex-reach-annual-low\/"},"modified":"2025-03-01T14:23:02","modified_gmt":"2025-03-01T12:23:02","slug":"trading-volumes-of-meme-tokens-on-dex-reach-annual-low","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/trading-volumes-of-meme-tokens-on-dex-reach-annual-low\/","title":{"rendered":"Trading Volumes of Meme Tokens on DEX Reach Annual Low"},"content":{"rendered":"<p>Following the hype surrounding TRUMP and the indirectly related LIBRA, associated with the President of Argentina, trading volumes of &#8220;funny coins&#8221; on non-custodial exchanges have significantly decreased.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24LIBRA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LIBRA<\/a> marked the local top for memecoin volumes in 2025 <a href=\"https:\/\/t.co\/9wvzOcOeoh\">pic.twitter.com\/9wvzOcOeoh<\/a><\/p>\n<p>\u2014 Messari (@MessariCrypto) <a href=\"https:\/\/twitter.com\/MessariCrypto\/status\/1894804074798719468?ref_src=twsrc%5Etfw\">February 26, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The chart shows that the current figure is approximately 10 times lower than the <span data-descr=\"all-time high of the indicator\" class=\"old_tooltip\">ATH<\/span> reached on January 19. After the <a href=\"https:\/\/forklog.com\/en\/news\/trumps-x-post-sends-fdv-of-the-official-trump-memecoin-to-19bn\">launch of TRUMP<\/a>, volumes in the segment began to decline.\u00a0<\/p>\n<p>Amid the rise and <a href=\"https:\/\/forklog.com\/en\/news\/libra-token-promoted-by-argentinas-president-plunges-94\">fall of LIBRA<\/a>, trading volume again recorded a local peak, but then started to decrease once more.<\/p>\n<h2 class=\"wp-block-heading\">Who&#8217;s Next?<\/h2>\n<p>The greatest interest in &#8220;presidential coins&#8221; came from traders in the United States, Germany, and Canada.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">No matter the head of state, the United States wants in on the action.<\/p>\n<p>US addresses were top traders of head of state memecoins, followed by Germany and Canada.<\/p>\n<p>Olaf Scholz next? <a href=\"https:\/\/t.co\/8KZnhXyzgJ\">pic.twitter.com\/8KZnhXyzgJ<\/a><\/p>\n<p>\u2014 Artemis (@artemis) <a href=\"https:\/\/twitter.com\/artemis\/status\/1891491551320445361?ref_src=twsrc%5Etfw\">February 17, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;Olaf Scholz next?&#8221; analysts at Artemis wondered.<\/cite><\/p><\/blockquote>\n<h2 class=\"wp-block-heading\">Has the Bubble Burst?<\/h2>\n<p>The decline in interest in meme coins amid market correction may be indicated by the reduction in &#8220;production capacity&#8221; at Pump.fun\u2014the &#8220;meme token factory&#8221; <a href=\"https:\/\/forklog.com\/en\/news\/pump-fun-faces-sharp-decline-in-production-capacity\">faced<\/a> a sharp decrease in the number of tokens reaching listing on the decentralized Solana exchange Raydium.\u00a0<\/p>\n<p>The GMCI Meme Index, reflecting the capitalization of the largest &#8220;funny coins,&#8221; has fallen to September levels.<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/crypto-markets\/crypto-indices\/gmmeme-index-meme-tokens\/embed\" title=\"GMMEME Index: Top Meme tokens\"><\/iframe><\/p>\n<p>Since the beginning of the year, the metric&#8217;s value has decreased by 48%.\u00a0<\/p>\n<p>The chart below also illustrates a significant and almost simultaneous decline in the capitalization of coins on various themes after the peak reached in early December.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"531\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/coingecko_memes-1024x531.png\" alt=\"coingecko_memes\" class=\"wp-image-253025\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/coingecko_memes-1024x531.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/coingecko_memes-300x156.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/coingecko_memes-768x399.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/coingecko_memes-1536x797.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/coingecko_memes.png 1553w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.coingecko.com\/en\/categories\/meme-token#key-stats\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>As reported, Bernstein <a href=\"https:\/\/forklog.com\/en\/news\/bernstein-predicts-liquidity-shift-from-meme-coins-to-defi-and-nfts\">predicted<\/a> a liquidity shift from meme coins to DeFi and NFT. Analysts also believe that the decline in hype around &#8220;funny coins&#8221; will positively impact stablecoins and RWA.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the hype surrounding TRUMP and the indirectly related LIBRA, associated with the President of Argentina, trading volumes of &#8220;funny coins&#8221; on non-custodial exchanges have significantly decreased.<\/p>\n","protected":false},"author":1,"featured_media":21655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[787,1161,958],"class_list":["post-21656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dex","tag-memes","tag-trading-volume"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=21656"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21656\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/21655"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=21656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=21656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=21656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}