Memecoin market still in a slump despite global liquidity improving
Matrixport analysts reveal that the same market has still not recovered from the previous crypto market accident despite the increasing global liquidity.
Same Has not shown no signs of recovery of a short time after the apparent accident of the cryptography market in mid-February. Even if the weakening of the US dollar has sparked an increase liquidity and improvements in inflation Data, the same market remains unaffected, according to the latest matrixport report.
In a previously published report, Matrixport analysts warned the merchants of a next phase of consolidation of cryptography, in particular a next phase of mecoins. Since then, a recent analysis has shown that liquidity in Solana (GROUNDAutomated market manufacturers based on) as the serum have tightened, with Raydium Total locked value Lower 71%. Meanwhile, Solana’s own TVL dropped up to 37%.
https://twitter.com/matrixport_en/status/19004678071603327388
The rise of global liquidity, measured by the money supply of 28 central banks around the world, would normally make a boost to alternative investments. Not only did that, Matrixport noted that the American inflation report revealed results that were better than expected, despite the fact that uncertain trade policies continue to be looming on the possibility of The Fed soften their monetary policies.
When central banks inject more liquidity on the market or maintain accommodating policies, investors feel more comfortable in more risky assets, such as crypto, increasing prices and exchanging volumes.
However, the Matrixport analysis shows that the affect has not been transferred to the same market. In December of last year, global market capitalization reached a summit up to $ 137 billion. Since then, it has decreased by around $ 86 billion or more than 60% to only $ 51.6 billion.
This has led analysts to conclude that investors have chosen to remain cautious about the deployment of more capital in the cryptography market. Consequently, Matrixport predicts that rebounds in the Altcoin sector are limited.
The Matrixport report also underlined how Pump.Fun, the main Memecoin Launchpad platform, has had a sharp drop in income in recent months.
“In the past 12 months, Pump.fun has generated income over $ 582 million, making it one of the most profitable crypto projects in this cycle. Recently, however, income growth has decreased sharply, “wrote matrixport analysts.
According to data Defillama, the daily revenues of Pump.fun fell below $ 1 million since March 8 and returned to levels previously seen in September 2024. Even if in January 2025, the Launchpad was able to generate up to $ 4.38 million in daily income.
Post Comment