Meme coin to altcoin market cap ratio falls to 0.027
- —Meme coin to altcoin market cap ratio stands at 0.027, or about 3%
- —CryptoQuant analyst Darkfost shared the figure on X on October 5
- —Altcoins keep outperforming meme coins, widening the gap
- —A rising number of meme coins is fragmenting available liquidity
Why it matters: A shrinking meme coin share signals capital rotating into altcoins, shifting the market's risk appetite.
Source: TokenPost