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Binance Sees $1.4 Billion MemeCoin Sell-Off Amid Market Uncertainty

Binance Sees $1.4 Billion MemeCoin Sell-Off Amid Market Uncertainty

Photo: Crypto Economy

TL;DR: CryptoQuant data confirms a cumulative selling pressure exceeding $1.4 billion in memecoins on Binance. Memecoins’ market capitalization share relative to the total altcoin market fell below the 3% threshold. Sector assets such as BONK and FLOKI recorded weekly drops exceeding 15%, while MemeCore retreated by more than 19%. Institutional and retail investors executed a ... Read more

Source: Crypto Economy

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