According to Wu Blockchain, CryptoQuant on-chain analyst Darkfost shared that the dominance of meme coins relative to the altcoin market has dropped to its lowest level since February 2024. The metric referenced is the ratio of the total market cap of meme coins to the total market cap of altcoins, used to track the popularity of the meme coin market. Data shows that in November 2024, meme coin trends pushed this ratio above 10%, but it has now fallen back to 3.7%. https://(wublock123.com)/news/meme-coin-marketcap-share-falls-from-2024-peak-to-3-7-64053