CoinGecko: Meme coins accounted for 14.3% of the market share in the second quarter

CoinGecko has released its Q2 2024 report on the cryptocurrency industry, showing a 14.4% decline in the total market value of cryptocurrencies in the second quarter, with a June closing value of $2.43 trillion. Bitcoin fell 11.9% in the second quarter, with its fourth halving having little impact. Its trading volume fell 21.6%, with an average daily trading volume of $26.6 billion. Meme coins were the most popular narrative in the second quarter, accounting for 14.3% of the market share.