Memecoins Defy Market Trends as Altcoins Plummet in 2024

The crypto market has experienced notable shifts following a robust start to 2024, particularly concerning altcoins. Recent data reveals a sharp decline in altcoin values, with losses between 70% and 90% since their March peaks. This downturn has driven the total market cap for altcoins, excluding Bitcoin and Ethereum, back to levels seen in December

Source: CoinOtag