$OP
Heating UpSnapshot Window: 2026-08-11 14:10 UTC ยท โ Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 3, Retweets: 3, Likes: 9, Impressions: 221
Verbatim Community Citations & Social Evidence 1 source posts analyzed
Only memecoins are left in the market. A few years ago, they said this meta would end. Right now, only this memecoin remains; all the layer 2 this-that projects with no revenue, their tokens have been wiped from the market. This somewhat shaped itself like an "invisible hand"
![]()
AI visual note: A screenshot of the CoinGecko "Protocol Rankings" page displaying top tokens by market cap, led by Tether ($137.28B) and Circle ($61.42B), with meme coins like Dogwifhat, Shiba Inu, and Pepe visible among Layer 1s and memecoins, illustrating how speculative memecoins have retained market dominance while many previous L2/DeFi tokens have faded from rankings.