The daily trading volume of $SHIB has dropped from $673 million a year ago to around $100 million today, a decline of 84%. The entire memecoin sector is retreating, not just a single project. Interest in animal-themed coins is rapidly fading, and on-chain activity is shrinking alongside it. Meme rallies are driven by sentiment; once sentiment fades, liquidity doesn’t return. This downturn has yet to show any signs of reversal. $BTC $ETH
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