The market value of Meme has shrunk by more than 20 billion dollars since late May, and the search popularity on Google Trends has dropped to 22.

On August 19, according to Google Trends, the search volume of "memecoins" has dropped significantly, and the current popularity is 22. And in the week of March 10-15, 2024, the highest score of this search term is 100. In addition, historical data shows that on May 21, 2024, the market value of Meme Coin was 59.62 billion US dollars, and now it has dropped to 39.59 billion US dollars, a decrease of 20.02 billion US dollars in 89 days.