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#THEWHALEPOST
Futures Open Interest across memecoins sector HAS DROPPED significantly since their peaks on December 2024:
📉 $DOGE: -58.45% ($3.58B → $1.49B)
📉 $PEPE: -71.93% ($1.25B → $351M)
📉 $BONK: -75.10% ($715M → $178M)
📉 $WIF: -69.83% ($653M → $197M)
📉 $SHIB: -74.41% ($323M → $83M)
📉 $FLOKI: -69.18% ($41.7M → $12.9M)
People started disappointing in memes. Money are ready to flow into utility tokens again.