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Memecoins Plunge 65% in a Year, Market Cap Drops to $35 Billion

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Memecoins have fallen 65% in a year, with market cap now at $35 billion from $100 billion. Trading volume dropped 72%, showing fading retail interest. Politicized tokens like Trump and Milei-linked projects hurt market confidence. Altcoins to watch include those with strong fundamentals amid the broader downturn. NFTs also lost 72% of value since January 2025.
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