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Memecoins have taken a beating recently, and what looks like a rout may be closer to a turning point than many traders expect.
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Santiment said the sector is showing a classic capitulation signal: widespread talk that meme tokens are “dead” can sometimes mark the moment when buyers quietly return.
According to Santiment, this “collective acceptance of the ‘end of the meme era’ is a classic capitulation signal,” pointing out that when a sector of the market is deemed…
