$1.2 Billion Exit: Memecoins Face Sustained Selling Pressure

A recent analysis by CryptoQuant shows that sellers have outnumbered buyers across the board for memecoins on Binance, indicating sustained selling pressure.

The cumulative net taker volume data reveals that investors are gradually pulling back from one of crypto's riskiest sectors. Since Bitcoin reached its all-time high in October 2025, users have piled on about $1.21 billion in cumulative selling pressure on memecoins.

This selling pressure is a concern for the long-term prospects of these novelty projects, despite some recent hype after Robinhood launched its own blockchain. The token CASHCAT has seen its total value climb to roughly $195 million.