Memecoin dominance against altcoins drops to record low 0.027
Image: AMBCryptoMemecoin dominance against the wider altcoin market has dropped to 0.027, described in both reports as the lowest level yet. The ratio compares memecoin market cap with altcoin market cap. AMBCrypto says it is just under 3%, while Blockonomi puts it at roughly 2.7%. Both cite analyst Darkfost on the measure. Blockonomi reports DOGE traded at $0.09085 and fell 3.93% over 24 hours.
Key points
- Memecoin dominance versus the wider altcoin market has fallen to 0.027.
- Both reports describe the 0.027 ratio as the lowest level reached so far.
- The ratio compares memecoin market cap with altcoin market cap.
- Analyst Darkfost is cited in both reports discussing the dominance measure.
- DOGE appears in both reports among the memecoins discussed.
Why it matters
The ratio tracks memecoin market cap against the wider altcoin market. At 0.027, the lowest level in both reports, it reflects memecoin market size relative to other altcoins. One report cites DOGE weakness, bearish positioning and a 3.93% daily decline.
Price context · DOGE
At publication
$0.0909
Now
$0.0899
Change since
−1.08%
7 days · dashed line = publication
Sources · 2 publishers
Blockonomi
Tier 3
Dogecoin (DOGE) Memecoin Dominance Hits All-Time Low as Bears Push Price Toward $0.076
Coverage timeline
- First reported by AMBCrypto
- Confirmed by Blockonomi
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
