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There's definitely renewed buzz around memecoins lately, I'll give it that. Yet the 1-hour trending data tells a completely different story.
Projects hitting the trending list with a mere 5.5k marketcap? Seriously? This isn't exactly a sign of healthy market momentum. It feels like we're watching the trending algorithm get gamed by sheer trading volume on pocket-sized marketcaps rather than genuine interest in quality assets.
The memecoin comeback narrative is real, but the quality control seems to have evaporated. When you see micro-cap tokens floating up trending charts, it raises obvious red flags—wash trading patterns, minimal liquidity, the usual suspects. The market might be moving, but is it actually moving in the right direction?