- BlockLeak24
- Posts
- 🧠 Traders Turn Away from Memecoins as Smart Money Builds Up
🧠 Traders Turn Away from Memecoins as Smart Money Builds Up
By Miles Monroe, BlockLeak24 — October 4, 2025
Miles Monroe BlockLeak24
October 04, 2025
📉 Memecoin Mania Fades Fast
The wild ride of memecoins seems to be running out of gas.
The GMCI Memecoin Index — which once soared past 600 during the hype wave of 2024 — has now stabilized around 220 points, showing a clear shift in trader sentiment.
Tokens like Fartcoin, BONK, and WIF, which dominated headlines last year, are now struggling to stay relevant as liquidity dries up and traders move toward more utility-driven assets. While memes once fueled speculative surges, the market is pivoting to fundamentals — projects tied to real-world use, interoperability, and DeFi infrastructure.
Meanwhile, major altcoin indices are painting a different picture entirely. Several have already retested their all-time highs first set back in November, suggesting that capital rotation is underway — just not in the direction of dog-themed coins.
🪙 Bitcoin’s Cycle Still Holds
Gemini’s CEO commented this week that Bitcoin’s four-year cycle remains alive and well — even if its intensity may vary. According to him, crypto cycles are still “driven by human emotion more than math,” hinting that the behavioral patterns of retail traders are as influential as ever.
💰 Stablecoin Liquidity Hits $300B
In a major milestone, the total market cap of stablecoins has officially crossed $300 billion. That’s a lot of dry powder sitting on the sidelines — and many traders are now asking the big question: when does this capital start moving into altcoins?
This surge in stablecoin liquidity could fuel the next major rally once confidence and risk appetite return to the market. For now, it signals one thing: crypto is gearing up for its next big rotation.
🔥 Daily Market Analytics (Oct 4, 2025)
Global Market Cap: $4.28T
BTC: $120,700 (↑ 0.6%)
ETH: $3,540 (↑ 1.3%)
BNB: $1,080 (↑ 1.1%)
Top Gainers: ZEC (+14%), AVAX (+9%), AR (+7%)
Top Losers: PEPE (−6%), WIF (−4%), BONK (−3%)