Meme-to-altcoin market cap ratio falls to record low of 0.027

The record-low ratio points less to a meme-coin collapse than to a structural divergence: capital and attention are consolidating in altcoins even as the meme sector's own launch pipeline keeps expanding. That combination — a shrinking share alongside a growing number of tokens — implies fragmentation is doing more damage than outright selling pressure. Whether this reflects a durable rotation into altcoins or simply a lull in meme-coin speculation is the open question.