Global Stock News

Memes Dip as Macro Tensions Rattle Crypto

Memes Dip as Macro Tensions Rattle Crypto

Meme coins slipped this week as mounting macro pressure weighed on risk assets and several of the sector’s largest tokens sold off.

The total meme coin market capitalization fell nearly 1% week-over-week (WoW) to roughly $37.75 billion, according to CoinMarketCap data. The pullback reflected a choppy week for crypto markets, marked by rising Treasury yields, persistent inflation concerns, and uncertainty around the Middle East conflict.

At the same time, several pillars of the meme coin market continued pushing beyond trading speculation. Solana drew deeper interest from institutional finance firms, while Dogecoin backers advanced efforts to move the token into everyday payments and on-chain applications.

Macro Pressure…

Source link

Share this article

Scroll to Top