Data: The dominance of meme coins has fallen to 3.7%, reaching a new low since February 2024

According to CryptoQuant analyst Darkfost, the dominant proportion of Meme coins in the altcoin market has dropped to 3.7%, the lowest level since February 2024, significantly down from a peak of over 10% in November 2024.

Darkfost stated that the number of Meme coin holders is becoming increasingly scarce, marking the lowest period in the past three years, reflecting that this sector is being significantly neglected by the market.