I'm concerned about the constant growth in the number of various meme coins. It seems to me that the more absurd the idea, the more popular it is among investors. In my opinion, this will never end.
Don't worry, they will end. The new creation will stop when the hype is gone and that's why everyone is chasing for their newest memecoins.
Is there any statistics or data on what percentage of meme coins make up the total volume and what percentage are popular regardless of blockchain affiliation?
CMC shows BTC and ETH dominance.