MoonPay President Rejects "Meme Coin Era Is Over" Narrative as Market Volumes Plunge Over 70%

MoonPay President Keith Grossman has challenged claims that the meme coin era has ended, arguing that falling trading volumes signal structural maturation rather than the death of attention-based assets. On Solana DEXs, meme coin volume has slipped below 15%, while sector dominance in altcoin markets has dropped from 0.109 in November 2024 to 0.034, alongside market value declines of more than 65% for major tokens. Other analysts attribute the downturn to oversaturation, pump-and-dump activity, and eroding investor trust, even as proponents insist that tokenized attention will persist in a more selective form.