Meme coin launchpad daily volume falls to $550M
- —Current daily volume across meme coin launchpads is about $550 million
- —Mid-July volume stood at roughly $200 million
- —Early September volume topped $1.8 billion
- —Current level is a third of the September peak
Why it matters: The decline points to cooling speculative demand for meme coins, weighing on platform fee revenue and sector liquidity.
Source: TokenPost