Analyst: Meme Coin to Altcoin Market Cap Ratio Falls to Historic Low of 0.027

Odaily reports that CryptoQuant analyst Darkfost posted on X platform stating that the ratio of Meme coin market cap to altcoin market cap has dropped to 0.027, with Meme coins' market cap share relative to altcoins falling to 3%.

As altcoins continue to outperform Meme coins, the gap between the two has further widened. The increasing number of Meme coins has also further dispersed the available liquidity in this sector.