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The meme coin sector has posted the steepest losses since Bitcoin’s correction began, according to CryptoQuant contributor Darkfost. Darkfost said in a CryptoQuant note that cumulative selling pressure in the meme coin segment has exceeded $1.4 billion since BTC’s peak, while meme coins’ share of the total altcoin market capitalization has fallen below 3% to a record low. Darkfost added that meme coins tend to suffer the biggest hit during market downturns, indicating concentrated selling pressure on what Darkfost described as the ecosystem’s most vulnerable segment.