@serhio91
Political shitcoins first dispersed the meme market, and then finished off egos - this is what a new CoinGecko report says
On speculations surrounding the US elections, the capitalization of meme tokens soared to a record $150.6 billion in December 2024. But the wave of political tokens — including TRUMP, LIBRA, and the like — quickly undermined confidence: projects were stamped for information purposes, not for value.
Already by the beginning of 2025, the market deflated by more than 70%, clearly showing how quickly pre-election hype turns into mass disappointment.
0 reply
0 recast
3 reactions