Memecoin

DeFi

Coin

<ul class="wp-block-list news-points">
 <li>Memecoin momentum slows as market stabilizes post November peaks</li>
 <li>DeFi tokens surge, driven by optimism around innovation and pro-crypto policies</li>
 <li>Volume trends show investor fatigue in memecoins, highlighting cyclical market patterns</li>
</ul>
The crypto market is witnessing a shift as memecoins, which saw a sharp rally earlier in November, now show signs of cooling off.
Simultaneously, DeFi tokens are gaining momentum, supported by strong market trends and increased investor attention. Data highlights a clear divergence between the stagnation in memecoins and the upward trend in DeFi assets.
<h2 class="wp-block-heading" id="h-memecoin-market-peaks-and-stabilizes">Memecoin Market Peaks and Stabilizes</h2>
The GMCI memecoin index, a benchmark tracking major meme tokens by market capitalization, reveals a cooling trend. After surging from 274.5 points on November 1 to a peak of 523.5 on November 15, the index has now stabilized near 500. As of publication, the index stands at 512.36, reflecting a slight decline from earlier highs.
<div class="wp-block-image">
 <figure class="aligncenter is-resized"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfuOIkxLELNOx3F_zxcv5SbZT9ehLQGuvMppWfESqcjl3fNv7-ZPUx-E7meDGMUSGyaPOKnr3yR5oCRKI6XCj28ocoMT-xq-XAN6GhnzlcnqxSSVbdmZ8zkkvoH-PLiePsQuhVK?key=3_VbdEMpbofLlY-7S0nYnzkn" alt="" style="width: 100%;height:auto">
 <figcaption class="wp-element-caption">Source: <a href="https://www.tradingview.com/x/eSesWVIU/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>
 </figcaption>
 </figure>
</div>
The mid-November memecoin rally was driven by exchange listings, which boosted prices temporarily. However, changing market conditions led to reduced enthusiasm, as investors explored altern…
The post <a href="https://coinedition.com/defi-tokens-see-35-growth-while-memecoins-hit-a-plateau/" rel="noopener noreferrer nofollow">DeFi Tokens See 35% Growth While Memecoins Hit a Plateau</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

DeFi Tokens See 35% Growth While Memecoins Hit a Plateau

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