The memecoin super cycle believers face headwinds after legacy memes experienced a rocky December while AI agent tokens stole the spotlight. Memecoins have been struggling since a market-wide price spike on December 7, with established memecoins such as PEPE down 27% to $8.5 billion, WIF falling 50% to $2, and MOG dropping 47% to an $800 million valuation. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io