Analyst warns 'stock-like' meme coin incentive models may fail as trading volume wanes

DeFi researcher Ignas warns that meme coins modeled after stock-like dividend and buyback mechanisms are highly dependent on trading volume. A decline in volume would reduce revenue, weaken holding incentives, and potentially trigger sell-offs. The researcher cites historical volume drops in major exchanges like Coinbase to illustrate the volatility risks for meme coin liquidity.