Q: Are fewer people trading meme coins now?
Yes, participation has dropped sharply, especially on networks like Solana, which was once a hotspot for meme coin activity. Daily trading activity has reached record lows, with only a small number of active traders remaining.

Q: What does this mean for prices?
Lower participation means less liquidity and weaker demand. As a result, many meme coins that previously had large growth potential are now stuck at much lower valuations, making it harder for them to recover quickly.