This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Traders have switched from memecoins to altcoins
Investors are losing interest in memecoins, as evidenced by the GMCI index.
Traders have become less interested in tokens like Fartcoin, BONK, and WIF.
There is currently a surge of interest in "useful" altcoins like ASTER and XPL, rather than in speculative assets.