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.
#THEWHALEPOST
Futures Open Interest across memecoins sector HAS DROPPED significantly since their peaks on December 2024:
๐ $DOGE: -58.45% ($3.58B โ $1.49B)
๐ $PEPE: -71.93% ($1.25B โ $351M)
๐ $BONK: -75.10% ($715M โ $178M)
๐ $WIF: -69.83% ($653M โ $197M)
๐ $SHIB: -74.41% ($323M โ $83M)
๐ $FLOKI: -69.18% ($41.7M โ $12.9M)
People started disappointing in memes. Money are ready to flow into utility tokens again.