Memecoin Volume Surges as Traders Lock In Profits

[madmax]

Memecoin trading volume increased to $5.62 billion on Monday, rising 106% from a day earlier. Source: CoinMarketCap

Memecoin trading activity spiked sharply on Monday, even as prices moved lower — a classic sign of profit-taking. Data from CoinMarketCap shows memecoin trading volume jumped 106% in a single day to $5.62 billion, while the sector’s total market capitalization fell 6%. Volume has since cooled to around $3.6 billion, signaling that the burst of activity was short-lived.

According to Vincent Liu, this pattern points to heavy churn rather than new capital entering the market. Elevated volume alongside falling market cap typically reflects short-term flipping, liquidations and capital rotation, especially in thin liquidity conditions where high activity can still push prices lower.

[cryptobro]

volume up prices down is always the tell, someone’s def taking profits