ChainCatcher news, in the second half of 2024, the meme coin craze has significantly cooled down. Google Trends data shows that the search interest for "meme coins" has plummeted from a peak of 100 in mid-March to 22. During the same period, the market capitalization of meme coins has also shrunk considerably. Over the 89 days since May 21, the total market value of meme coins has dropped from $59.62 billion to $39.59 billion, evaporating $20.02 billion. Major meme coins such as DOGE, WIF, and BOME have all experienced significant declines.