According to glassnode, memecoins are facing substantial declines with $TRUMP dropping by 33.1% and $SHIBA by 27.9%, suggesting significant outflows from these assets. In contrast, Bitcoin has maintained its position, showing stability despite prevailing market uncertainties.

According to Michaël van de Poppe, the potential for significant returns in memecoins is limited to a small fraction of investors in the cryptocurrency market. He suggests that traders should focus on blue-chip cryptocurrencies, which offer a more stable and beneficial investment path over time. This approach is recommended to enhance their market understanding and long-term profitability. (Source: Michaël van de Poppe, Twitter)

According to glassnode, funding rates confirm a shift in the market dynamics. Bitcoin (BTC) and Ethereum (ETH) maintain slightly positive funding rates, indicating a continued bullish sentiment. However, Solana (SOL) has seen its funding rate turn negative, suggesting increased short interest and potential bearish sentiment. Additionally, negative funding rates in memecoins indicate dominant short positioning, hinting at an unwinding of excessive leverage in these riskier assets.

According to @glassnode, futures markets are experiencing a notable cooling trend, with a significant reduction in open interest (OI) across major cryptocurrencies. Over the last 30 days, Bitcoin (BTC) OI decreased by 11.1%, Ethereum (ETH) OI dropped by 23.8%, Solana (SOL) OI fell by 6.2%, and meme coins experienced a massive 52.1% decline in OI. This trend indicates a potential reduction in leveraged trading activities, which is crucial for traders to consider when assessing market conditions.

According to Crypto Rover, the $16 billion repayments from FTX are expected to create significant buy pressure in the cryptocurrency market. This influx of funds may shift investor focus from memecoins to projects with substantial utility and innovation. These projects are perceived as more reliable and capable of enduring market changes.

According to IntoTheBlock, even though price trends are downward, the on-chain activity for Layer 1 networks such as Ethereum, Avalanche, and Litecoin remains strong. This resilience is in contrast to smaller tokens and memecoins, which are losing momentum as fewer new users are entering the market.

According to glassnode, both $SHIB and $FLOKI have experienced steep declines in open interest, with SHIB's OI dropping by 74.41% from $323M to $83M, and FLOKI's OI decreasing by 69.18% from $41.7M to $12.9M. This sharp correction across memecoins suggests a potential leverage flush out, indicating traders should be cautious of volatility and possible shifts in market sentiment.

According to @glassnode, memecoins PEPE, BONK, and WIF have experienced significant deleveraging with PEPE reducing by 71.93% from $1.25B to $351M, BONK by 75.10% from $715M to $178M, and WIF by 69.83% from $653M to $197M. The open interest (OI) in these assets has cooled off following previous speculative peaks, indicating a substantial reduction in leveraged positions.

According to glassnode, the Futures Open Interest across the memecoins sector has seen a noteworthy decline. Specifically, $DOGE's Futures Open Interest 7-day moving average has decreased by 58.45%, dropping from $3.58 billion on December 9, 2024, to $1.49 billion as of today. This indicates a substantial reduction in trading interest and potential market liquidity for $DOGE, which could impact short-term trading strategies.

According to Cas Abbé, $DOGE has reached its most oversold level since the February 3rd capitulation. The sentiment for meme coins, including DOGE, is currently at an all-time low, which Abbé suggests could be a strategic opportunity for traders to accumulate these assets. This analysis highlights a potential short-term price movement towards $0.3, indicating a possible upward trend for traders looking to capitalize on market sentiment shifts (source: Cas Abbé's Twitter).

According to Omkar Godbole from MMS Finance, Abraxas Capital Management has called for a ban on memecoins during the ConsensusHK2025 event. The firm argues that memecoins lack fundamental value and pose significant risks to uninformed investors, potentially leading to market volatility (source: Omkar Godbole, MMS Finance, CMT, Twitter). This perspective suggests traders might consider avoiding investments in memecoins due to their unstable nature and potential regulatory challenges.

According to Nic Golden Age Carter, the memecoin market has been significantly affected by industrial intermediaries engaging in practices such as frontrunning and insider trading. These intermediaries have managed to extract substantial sums from the market, influencing trading dynamics and potentially impacting price volatility. This highlights the need for traders to exercise caution and conduct thorough due diligence when dealing with memecoins.

According to @nic__carter, there is a noticeable decline in discussions regarding how memecoins are empowering individuals. This trend might reflect a shift in market sentiment or a stabilization in the memecoin sector, which could impact trading volumes and investor interest. Traders should monitor social media trends and market data for shifts in sentiment that could affect memecoin volatility.

According to Miles Deutscher, the RWA (Real-World Assets) sector is the only altcoin category showing positive performance this month. This trend suggests traders are seeking tangible value, particularly after the recent disenchantment with memecoins. The shift indicates a potential movement towards assets with real utility. Source: Twitter (@milesdeutscher).

According to Jake Chervinsky, policymakers in Washington DC are now focusing on memecoins, reflecting a shift in regulatory attention towards these digital assets. This development is significant for traders as it indicates that regulatory scrutiny on memecoins could increase, potentially impacting their market behavior and volatility. Chervinsky highlights that while policymakers often lag behind industry trends, the sudden interest in memecoins could lead to more immediate regulatory actions.

According to Cas Abbé, the recent ETH price pump was followed by a market downturn, attributed to the influence of memecoins. Cas Abbé suggests that this dump might be short-lived and anticipates ETH to retest its yellow trendline support before potentially rising to $3.1K. This analysis indicates a potential trading opportunity if the trendline support holds, aligning with historical price movements.

According to Flood (@ThinkingUSD), there are allegations of unethical trading practices within the Solana network, involving grifting, insider trading, and promotion of worthless memecoins. These activities are reportedly driven by a short-term profit mindset, indicating a lack of long-term strategic planning. Traders are advised to exercise caution and conduct thorough due diligence when engaging with Solana-related projects. This insight underscores the importance of scrutinizing the fundamentals of blockchain projects before investment. [Source: Flood on Twitter, February 18, 2025]

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 Milk Road (@MilkRoadDaily), the year-to-date percentage returns for cryptocurrencies such as $BTC, $MPLX, and $GEODN were analyzed, focusing on tokens with strong fundamentals contrasted against speculative memecoins. This analysis provides traders with insights into the performance of these assets, emphasizing the importance of fundamental strength in cryptocurrency trading.

According to Michaël van de Poppe, the situation surrounding $LIBRA, while reminiscent of the FTX debacle, might actually benefit the broader cryptocurrency market by refocusing attention on established cryptocurrencies. This shift could reduce speculation on memecoins, potentially stabilizing market dynamics (source: @CryptoMichNL).