Coin Metrics: Meme Coins Hit All-Time Highs in 17.2 Days on Average, Only 3% Recover

According to Bloomberg, a Coin Metrics report shows that meme coins reach all-time highs an average of 17.2 days after their first trade, with one-quarter peaking within 1.6 days. The median time from peak to a 95% decline into a “dead” state is 370 days, and only 3% of meme coins return to their all-time highs. — link