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Yevhen
@applestar
⚪ Memecoins: The Rollercoaster Ride ➖ The memecoin market started December with a promising $120 billion valuation, according to CoinMarketCap. ➖ Fueled by hype and a sprinkle of exchange listings, it soared to $137 billion by December 9. But just as quickly, the bubble deflated, with the market plunging 32% to $92.67 billion by December 23. ➖ As of now, the market sits at a slightly improved $98.72 billion, still 18% below where it started the month. ➖ Translation: Memecoins went from hero to zero (well, almost), but don’t count them out. The dips might just be a reset for a more stable, and meme-worthy future. 🧵 2/6
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