<h1>Major blockchain platform faces declining momentum amid technical breakdown and regulatory pressures while new meme token gains traction</h1> A cryptocurrency analysis reveals declining momentum for a major blockchain platform amid technical breakdown patterns and bearish market signals. The platform faces challenges from network outages, regulatory concerns, and heavy dependence on meme-coin revenue streams. Geopolitical tensions have further pressured prices downward. Meanwhile, a new meme-based token has gained attention through successful presale fundraising and community engagement. Analysts suggest the newer token may offer better growth prospects due to its independence from traditional market correlations and planned utility features, while the established platform struggles with technical issues and market headwinds.