Memecoin trading spikes briefly as traders cash in, say analysts

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Memecoin trading volume experienced a brief spike to $5.6 billion, but analysts believe speculative momentum may have cooled down.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Memecoin trading volume briefly spiked to $5.6 billion on Monday, with analysts suggesting speculative momentum for memecoins may have now cooled.

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Original article published by CoinTelegraph on January 20, 2026.
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