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Altcoins loses more than $ 234 billion in two weeks: to blame meme coins?

Altcoins loses more than $ 234 billion in two weeks: to blame meme coins?

The cryptographic market had a scare yesterday when Bitcoin and Altcoins fell Minutes after the January launch of the United States CPI data. With the economy heating and increasing inflation, exceeding the expectations of economists, there is concern that the Federal Reserve may have to intervene once again to lower price pressures.

The problem is that, if the Central Bank follows this route, it could be a bloodbath for cryptographic actions and markets, rapidly accelerating the sale of high alternatives.

Altcoins that fall $ 234 billion lost in 2 weeks

Glassnode data show that all Altcoins lost $ 234 billion only in the last two weeks, marking one of the largest absolute decreases in more than a year.

(Fountain)

Statistics everywhere look gloomy. Ethereum is quoted below $ 3,000, losing more than 40% from 2024 maximums. On the other hand, Polkadot, Cardano and Dogecoin slide, publishing two -digit losses from the maximum of November and December.

Only a few of the thousands of alternatives have remained on the ground, absorbing the sales pressure wave.

While the Altcoins remain unstable, Bitcoin is more resistant even after the recent cooling.

(Fountain)

Although high, Glassnode observes that this reduction is even lower than the $ 1.3 billion recorded during the sale of August August 2023 after Yen-Carry relaxed. Bitcoin prices temporarily fell to $ 49,000 in early August 2024 before bouncing more than $ 55,000.

Kake the meme coins and the pump.

Altcoin’s sauce could be linked For the emergence of memes coins and the appearance of launch plates such as the sun in tron ​​and the pump. Some Observers He directly blames memes coins and quickly changes the preference of investors for the pause and the low general performance in the Altcoin scene.

According to Coingcko, the total market limit of meme coins is exceeding $ 78 billion, at one point increasing to more than $ 120 billion, an increase of almost 3x of averages of the third quarter of 2024. The best coins in Memes such as Trump, Pepe, Dogecoin and Wif Billions on the market limit, rewarding the first investors.

(Fountain)

For example, Trump recovered from around $ 4 to $ 72 at launch before going back. Other meme coins such as PNUT exploded, winning more than $ 1 billion in market capitalization in less than 36 hours after launch.

Their earnings exceed a lot of those of The alternative alternatives, including Aptos and Eigenlayer. On the other hand, most of these Altcoins are backed by risk capital.

Did Meme coins create a permanent paradigm shift in 2025?

The success of Meme currencies reveals that the launch of Pads such as the pump. Fun fundamentally alter How capital flows in cryptographic space. Gone were the days when investors would make their due diligence and buy a token with solid utility.

Since its launch, Dune Analytics data shows that more than 7.6 million meme coins have been made live.

(Fountain)

On the other hand, when observing recent trends, investors are interested in high -risk memes coins and high reward. Most of these tokens are thrown in Solarium, and occasionally in other chains like Tron.

As the investor’s preference changes, The speculative capital is being rotated Far from the alternative alternatives, funds that historically pump prices, to meme coins. The result has seen meme coins, even with risks of carpets and exchange of privileged information.

Several factors could explain why investors and merchants opt For meme coins on Altcoins. Among them, regulations play a role. Operations such as Chokepoint 2.0 for the United States Securities and Securities Commission (SEC) meant that investors had to stay away from Altcoins.

Previously, the agency said that Cardano, Solana and Dentraland were unregistered values.

Consequently, projects, developers and merchants had to adapt and be creative and fans of the demand for memes coins.

And it is easy to see why. Unlike IES or Idos, anyone can launch a meme coin without any technical experience. If the meme currency becomes viral, the issuer can coin millions. The emitters of Moo Deng, PNUT, and thousands of others raised in millions.

Explore: Dave Portnoy’s new coin was 100,000%, but what is the best memes currency to buy?

Unique the discord of 99Bitcoins News here for the latest market updates

Altcoins Fall: what you should know

  • Altcoins loses more than $ 230 billion in two weeks

  • Coins of memes that attract capital as a change in investor preference.

  • Will the Altcoins continue to decrease while the meme coins increase?

Post Altcoins lose more than $ 234 billion in two weeks: blame meme coins? It appeared first in 99bitcoins.

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