Wednesday, October 21, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

Binance Meme Coins Face More Than $1.4 Billion in Selling Pressure

Binance Meme Coins Face More Than $1.4 Billion in Selling Pressure

Photo: TokenPost

Cumulative selling pressure on Binance’s meme coin segment has exceeded $1.4 billion since Bitcoin (BTC) reached its October 2025 peak. The segment’s share of altcoin market capitalization has fallen below 3%, a record low. The decline in market share reflects continued liquidity loss. Bitcoin’s maximum drawdown during the period reached 54%, while its price was about 35% below the peak at the latest reading. Meme coin prices are driven largely by market sentiment and cultural trends, and the tokens lack fundamental support. Those factors can leave the segment more exposed to declines during market corrections.

Source: TokenPost

Latest in Crypto Today

All Crypto Today stories