The parts market even has undergone a massive slowdown, its total market capitalization fell 46% in the past two months. Once fueled by speculation and overhauling, the so-called “Supercycle of Memes Currency” now seems to collapse.
During the same period, the wider market of cryptography was also faced with significant losses, which allowed 10% of its total market capitalization.
The same money supercycle collapses?
According to CoinmarketCap, the total Cap dived from $ 137 billion to $ 74 billion in just two months, returning to levels seen for the last time in November 2024.
Trading volumes have also decreased sharply, lowering 29% during the same period. These market movements have led a lot to question the The legitimacy of the same money supercycle.
“Same Supercycle Coin” is the biggest bullshit I have ever heard, “said the co-founder of Weret wrote On X (formerly Twitter)
Likewise, another crypto influencer, Frostedlabeled the entire rally of the room even as a scam, strengthening increasing skepticism.
In particular, even during last week, the 10 best pieces of memes displayed two -digit losses. Official Trump (Trump) And Fatty penguins (pingou) suffered the most steep drops, according to Coingecko.
The sale intensified on Monday when President Donald Trump imposed prices in Canada, Mexico and China. This triggered the worst event of liquidation of history. Total liquidations exceeded $ 2 billionWith all the main cryptographic active ingredients recording the losses.
That’s not all. According to estimates by the CEO of Bybit, Crypto Liquidations could have totalized between $ 8 billion and $ 10 billion.
This cracking of liquidity also trembled the confidence of investors in the coins. The Crypto Kale Abe analyst suggested that after significant liquidations, the interest in the launches of new memes coins would likely decrease.
“After $ 10 billion in liquidations, no one will buy new money launches. We are stuck with the existing parts and these existing parts are down 90%, ”said Abe poster on X.
Nevertheless, pessimism was not shared by all. The investor and analyst of the same Coin Murad remained optimistic.
“Back, the best year in your life is coming”, Murad declared.
This followed on Monday Wipeout, when its wallet dropped by 26%, according to to Arkham Intelligence.
Just as the market seemed to be in free fall, a diplomatic breakthrough provided an essential relief. THE Mexican President and Canadian Prime Minister have entered into an agreement With President Trump to postpone a potential trade war.
The news triggered a Supplementary market support. Bitcoin (BTC) fell over $ 100,000. In addition, the pieces even saw a resurgence.
According to Coingecko, their total market capitalization appreciated just over 4%. The first 10 pieces of memes have rallied by Double figures, except Trump. Floki (Floki), Pengu and Dogecoin (DOGE) have become the greatest winners in the past 24 hours.
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