Meme token launch platforms still see about $550 million in daily volume

Daily trading volume across major meme token launch platforms is still running at roughly $550 million, according to crypto analyst Drallio, even after pulling back from earlier highs. The latest figure remains well above levels seen a few months ago. Drallio said data showed daily volume on meme token issuance platforms was around $200 million in mid-July. That number later climbed sharply and briefly moved past $1.8 billion in early September. While activity has cooled since then, current turnover is still markedly higher than the July baseline. The update points to continued trading interest on meme token launch venues despite the recent decline from peak levels. The figures cited by Drallio compare the current market with both the mid-July reading and the early-September spike, showing that present activity remains elevated relative to where it stood earlier in the period.