CryptoQuant analyst Darkfost said on Sept. 7 that meme coins now account for the lowest share of the broader altcoin market’s capitalization on record, while attention from the crypto community has dropped to an unprecedented low. In his view, that deep lack of interest may itself become a potential trigger for another meme coin cycle.
Darkfost also pointed to early signs of activity returning to the segment. Some meme coins have recently started to move, and related activity on the FOMO platform is picking up. Even so, he said the names showing stronger action remain limited in number. The moves have not yet broadened into a sector-wide trend across meme coins, leaving the overall setup selective rather than universal.
For now, the takeaway is mixed: sentiment is depressed, a few tokens are showing unusual movement, and platform activity is rising, but the broader meme coin segment has not entered a generalized rally. Darkfost’s assessment stops short of calling a full comeback, and he said market participants should remain cautious.
BlockBeats reported on Sept. 7 that CryptoQuant analyst Darkfost said meme coins’ share of the overall altcoin market capitalization has dropped to the lowest level on record. Attention toward the segment across the crypto community is also at its weakest point so far.
Meme coin interest remains deeply subdued
According to Darkfost, meme coins are now in a period of extreme neglect by the market. He said that this kind of unusually weak interest could become a potential catalyst for a new round of meme coin activity.
Only a small number of tokens are showing movement
Darkfost added that some meme coins have already started to show unusual moves recently, while related activity on the FOMO platform is also heating up. Still, only a handful of meme coins are showing signs of renewed activity, and the segment has not developed into a broad-based sector rally. He said market participants should remain cautious.
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