ChainCatcher news, according to CoinTelegraph, the meme coin market has erased all gains following President Trump's election victory, having evaporated more than half of its market value since December last year. CoinMarketCap data shows that the total market capitalization of meme coins dropped from $124 billion on December 5, 2024, to $54 billion on March 5, 2025, a decline of 56%.The meme coin market gradually declined after reaching an all-time high of $137 billion on December 8, 2024. Although there was a brief rebound during the issuance of meme coins by Trump and First Lady Melania in January, the overall trend remains downward. Industry observers attribute this massive decline to factors such as a turbulent global economic environment, lack of meme coin regulation, insider trading scandals, and endorsements by public figures.Anmol Singh, co-founder of Zeta Markets, stated, "The meme coin bubble has burst," citing reasons including economic uncertainty under the Trump administration, the combination of U.S. economic and foreign policy, and excessive involvement from celebrities and social media influencers. Singh predicts that after experiencing significant sell-offs, the meme coin market may concentrate on major meme coins like Dogecoin, Pepe, Bonk, Dogwifhat, and TRUMP, while "other coins will gradually lose attention."

ChainCatcher message, according to the latest report from Matrixport, Google Trends data shows that over the past five years, the global search interest in Solana and Bitcoin has increased, while the attention on Ethereum and Memecoin has been in a slump, nearing historical lows.It is noteworthy that the issuance and trading activity of Memecoin sharply declined after the launch of $TRUMP, and at the same time, Google Trends data also reflects an overall low interest. The $TRUMP token has dropped 82% from its peak, and there are currently no significant signs of recovery.The report points out that historically, a sharp decline in search interest is often associated with a significant drop in price, a trend that is particularly evident in the Memecoin space. Analysts suggest that investors should focus on assets with increasing market momentum, such as Solana and Bitcoin, rather than those that are in a slump.

ChainCatcher news, according to The Block, the trading volume of the "graduated" Pump.fun token has significantly decreased since the beginning of the year, reflecting both the cooling of the broader market and the evolution of trader sentiment. Daily trading volume has plummeted from a peak of $3 billion in January to about $170 million at the time of writing, a drop of 94%. This decline corresponds with a slowdown in the graduation rate of platform tokens, which has decreased from 1.85% per week to 0.83%, indicating a reduction in the number of new tokens reaching the $100,000 market cap threshold and thus qualifying for an upgrade to Raydium.The shrinkage in trading volume points to a potential fatigue among traders in the Solana meme coin ecosystem. After months of frenzied activity, many participants seem to be weary of the darker aspects of the space. Factors such as scams, dubious influencer promotions, and insider trading groups have led to a general decline in trust towards meme coins.Despite the current market slump, Pump.fun's overall impact has remained significant since its launch on January 19, 2024. In just over seven months, the platform has generated $570 million in revenue.

ChainCatcher news, Musk harshly criticized Meme coins in the latest episode of the Joe Rogan Experience podcast, calling them something akin to a "casino," and warned market participants not to invest their life savings into Meme coins.Meanwhile, Musk also talked about Dogecoin, adding that Dogecoin initially started as a Meme coin but is more like a joke cryptocurrency involving memes and dogs. Joe Rogan believed that the Meme coin craze is too crazy, especially with people putting real money into it.

ChainCatcher news, according to Cointelegraph, data shows that the daily issuance of memecoins on the Solana network has dropped to 40,000, the lowest level since December 25, 2024.

ChainCatcher message, regarding the guidance issued by the U.S. Securities and Exchange Commission (SEC) on Meme coins, stating that "Meme coins are not considered securities." SEC Commissioner and crypto skeptic Caroline Crenshaw published an article on the SEC's official website, stating that the purpose of the written guidance provided by SEC staff is to promote understanding and compliance with federal securities laws. However, the guidance issued by the SEC completely undermines this concept, presenting an incomplete and unfounded legal viewpoint that suggests an entire category of products falls outside the SEC's jurisdiction.This guidance does not provide a clear legal definition, nor does it even offer basic dictionary definitions. It is not a reasonable interpretation of existing law. It raises more questions than it answers, such as what constitutes a Meme coin and whether Meme coins can be defined or are useful classifications under existing securities laws. It ultimately amounts to a broad statement of general principles, offering little clarity or predictability for any given currency.

ChainCatcher news, former Brazilian footballer Ronaldinho Gaucho posted on the X platform: "Please be aware of the fake Meme coins currently appearing in my name. Remember, I have not launched any official tokens yet. To the entire cryptocurrency community: stay tuned, as we will soon release significant news here."Below this tweet, several users commented urging him "not to do anything that damages his reputation," such as a Rug Pull after launching a coin; others questioned whether his X account had been hacked. It should be noted that many well-known individuals' X accounts have recently been hacked to promote malicious Meme coins, so users should be cautious and discerning.

ChainCatcher news, BNB Chain announced the winners of its $4.4 million Meme token liquidity support program for the first week, with 10 projects awarded: Broccoli (f3b), KOMA, SIREN, BANANA, PERRY, TST, 4, Broccoli (714), Broccoli (f2b), TUT.BNB Chain stated that daily rewards have been fully distributed, and weekly winners' rewards will be issued within 10 days. The final rankings have excluded wash trading behaviors identified during the trading competition, and projects that did not meet the award criteria have been removed.

ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) Division of Corporation Finance has released guidance on memecoins, stating that they are not considered securities but are similar to collectibles.The division believes that the transactions involving memecoins described in the guidance do not involve the issuance and sale of securities as defined by federal securities laws. Therefore, individuals participating in the issuance and sale of memecoins are not required to register their transactions with the Commission under the Securities Act of 1933, nor do they need to comply with the registration exemption provisions in the Securities Act. As a result, purchasers or holders of memecoins are not protected by federal securities laws.

ChainCatcher news, according to a report by Cointelegraph citing ABC News, California Democratic representative Sam Liccardo is preparing to introduce the "Modern Conflicts of Interest and Malfeasance Enforcement Act" (MEME Act), which will prohibit public officials from profiting from digital assets.The bill prohibits a wide range of public officials and their associates from issuing, sponsoring, and endorsing any securities, commodities, or digital assets. The applicable subjects include the President, Vice President, members of Congress, senior executive branch officials, and their spouses and dependent children. Liccardo stated that the bill has the support of a dozen Democratic lawmakers who are working to gain bipartisan support.Liccardo pointed out, "The Trump family's issuance of meme coins exploits the public for personal gain economically and raises concerns about insider trading and foreign influence on the executive branch." The bill is expected to be formally introduced on February 27.

ChainCatcher news, according to the Financial Times of the UK, Bitwise Chief Investment Officer Matt Hougan pointed out that Ethereum's price has dropped by 23% in the past month, while Solana, which hosts most of the meme coin blockchains, has fallen by 42%. The cryptocurrency market is currently digesting the end of the meme coin craze, and it will continue to be dragged down until institutional interest in cryptocurrencies recovers.Additionally, traders are becoming increasingly frustrated as Trump has not implemented some of the reforms he promised during his campaign more quickly. The slower-than-expected rollout of significant pro-cryptocurrency policies has led to a shift in market sentiment towards disappointment.

ChainCatcher news, Binance founder Zhao Changpeng (CZ) posted a warning on social platform X, stating that the KOL account Artists Voyage, which follows him back, is suspected of being hacked and has started promoting a new Meme coin to users, with the account information having been altered.CZ clarified that this account is not an employee of Binance or YZi Labs, but has gained the attention of several Binance-related individuals due to its long-term support for the BNB ecosystem. He emphasized that YZi Labs employees would never privately promote any tokens, and any such behavior would result in immediate dismissal of the involved personnel.