DOGE
The memcoin indicator is bearish, it fell 74% over the past year
Memcoin trading has slowed, this slowdown may signal a move into a bear market.
i've noticed lower trading volumes across memcoins, a clear sign the crowd is stepping back.
#DOGE fell to local lows of $0.08 and shows no sign of a rebound.
trading activity has moved to #Solana and BNB Chain, where traders chase small, yolo tokens for quick gains.
the decline in older meme tokens looks like the start of a bear phase. new token launches keep coming, but demand for older memes has dropped over the past year.
i see an early sentiment flip in the memcoin sector, a change that could foreshadow a broader crypto bear market. memes usually rise when retail money and extra funds flood the market. lately money has flowed out of older memes, including the original #Dogecoin (DOGE).
i remember the hype after Elon Musk pushed attention toward DOGE, but those bets haven't held up. after several years of trading, DOGE weakened and slid to $0.08 as its story lost steam.
some once-iconic coins have largely vanished from social media chatter. alphractal data shows FLOKI at 39.7% market share. #BONK is around 32.2%. DOGE sits near 30%. their trading profiles differ from the memcoin rush on Solana, where tiny tokens appear for days or hours and turnover is extremely low because traders hunt for the next hot entry.
the Market Vectors Memcoin Index has lost over 74% of its value since January 2025.
