Matrixport: Global liquidity improves, but the Meme coin market still shows no signs of recovery

2025-03-14 16:43:02

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ChainCatcher news, Matrixport report reveals that despite the recent weakening of the dollar driving a rebound in global liquidity indicators and a slight improvement in inflation data, the meme coin sector in the cryptocurrency market remains sluggish, showing no signs of recovery.

The report points out that the altcoin market peaked in early December 2024 before starting to decline, with the meme coin bubble bursting in January of this year, leading to a decrease in the total market capitalization of the cryptocurrency market from $3.6 trillion to $2.6 trillion.

Although the Solana-based Pump.fun platform generated over $582 million in revenue over the past 12 months, recent revenue growth has rapidly declined. The report also mentions that hedge funds closing arbitrage positions are the main driving force behind the recent selling pressure on Bitcoin, and this sell-off may be approaching its maximum intensity.

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