When asset valuations disconnect from reality, corrections become inevitable. The meme sector presents a textbook example—countless projects carry inflated market caps that bear little relation to actual IP value, community maturity, or speculative fundamentals. You've got projects trading at prices that don't align with what they actually bring to the table.

The disconnect is real. Most meme coins in circulation sport market capitalizations that simply don't match their underlying value proposition or track record. As investors scrutinize these metrics more closely, the gap between hype and substance narrows. We're witnessing consolidation across the meme market—weaker players getting squeezed out while the ecosystem recalibrates. This correction phase tends to separate projects with genuine staying power from those that relied purely on momentum.