The memecoin market experienced a dramatic shift as it appeared that smart money investors had stepped back. On-chain data disclosed a sharp divergence between inflows and outflows, with outflows far in excess of any capital moving into the space. This raised questions about market sentiment and whether a broader correction in the memecoin ecosystem was imminent. As per blockchain analytics, total memecoin inflows across the curtailed memecoin universe came to just about $1.76 million. Outflows, however, were staggeringly high at around $13.24 million, which gave us a net negative volume of $11.48 million. Only $15 million worth of trades happened
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