Memecoin market slump and rotation talk
Crypto-native accounts describe dead trenches and DEX volume collapsing from $40B+ to about $2B daily, with calls for new KOLs and rotation to established memes.
What we know
DEX volume is cited as down to about $2B from $40B+. Trenches dead visual circulates, Shadow36 expects rotation to established memes, and another RT wants new KOLs. An account on X complains of another hard rug on Solana.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.