Written by Igor Zemtsov, the chief technology officer at TBCC, the "Libragate" incident caused a significant drop in memecoin prices, resulting in a nearly 60% decrease in market cap from the highs of 2025. Despite this setback, meme tokens are showing resilience, similar to a cat with multiple lives. As of March 10, memecoins still held a market cap of $47.9 billion, a substantial amount. Despite facing challenges, enthusiasts are still buying into memecoins like Unicorn Fart Dust, Fartcoin, and Buttcoin in hopes of significant profits.
