• 34ºc, Sunny

CoinGecko: Meme took 14.3% market share in the second quarter

CoinGecko released the Crypto Industry Report for the second quarter of 2024. The total cryptocurrency market capitalization gave up some of its gains in the second quarter, falling by 14.4%. It closed at $2.43 trillion in June. Bitcoin fell by 11.9% in the second quarter, and the fourth halving had little impact on it. Its trading volume fell by 21.6%, with an average daily trading volume of $26.60 billion. Meme Coin was the most popular narrative in the second quarter, accounting for 14.3% of the market share.