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@darkwith
Why has the memecoin mania cooled? The decline of memecoin hype can be attributed to several factors: 1. Market Saturation: The explosive rise of memecoins led to an oversaturated market, with countless projects launched daily. Many lacked utility, innovation, or transparency, leading to declining interest. 2. Investor Caution: As scams, rug pulls, and unsustainable projects became more common, investor confidence eroded. People are now more cautious and prefer projects with tangible use cases. 3. Regulation and Scrutiny: Increasing global regulatory scrutiny has created uncertainty, discouraging speculative trading in high-risk assets like memecoins. 4. Focus Shift: The crypto community is gradually shifting focus toward utility-based tokens, DeFi, and projects with long-term growth potential rather than hype-driven assets. @ccarella
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