According to Flood (@ThinkingUSD), there are allegations that many memecoins have been subject to insider trading, potentially incentivized by individuals who stand to gain from their trading volume and retail demand through the collection of fees.

According to Michaël van de Poppe, retail investor demand for cryptocurrencies and altcoins has hit the lowest point in the current cycle, reminiscent of December 2020 levels. This trend may impact trading volumes and market volatility, as lower retail participation often leads to reduced liquidity and price movements. Traders should monitor these dynamics closely to adjust their strategies accordingly. Source: Michaël van de Poppe's Twitter.