Darkcast: Since Bitcoin peaked, Binance Meme has accumulated over $1.4 billion in selling pressure

Analyst Darkfost stated that since Bitcoin reached its peak in October last year, the Meme coin sector on Binance platform has accumulated selling pressure exceeding $1.4 billion. At present, the market value of Meme coin accounts for less than 3% of the total market value of altcoins, which is at its lowest level in history, and the liquidity of this sector continues to decline.