According to CoinMeta, Researcher Ignas stated that the concept of coin-stock dependency relies on trading volume and transaction fee revenue. A decline in trading volume will lead to a reduction in dividends and funds for share repurchases, weaken incentives for holding, and trigger selling. He pointed out that the trading volume of Coinbase in the fourth quarter of 2021 was 547 billion US dollars, which dropped to 145 billion US dollars a year later, a decrease of about 74%. The trading volume of Meme may see a further decline of up to 95% in the future, and currently, the trading volume of Uniswap has already begun to slow down.