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Meme Coins Plunge into Harsh Reality from Christmas Frenzy: Market Cap Evaporates by 65% in One Year
Summary: According to reports, the Meme coin sector hit near yearly lows in 2025, experiencing a significant drop from the speculative peak during the 2024 Christmas season. As of December 19, the total market cap of Meme coins fell to $35 billion, the lowest level in 2025, representing a drop of approximately 65% from the year's ...
According to reports, the Meme coin sector hit near yearly lows in 2025, experiencing a significant drop from the speculative peak during the 2024 Christmas season. As of December 19, the total market cap of Meme coins fell to $35 billion, the lowest level in 2025, representing a drop of approximately 65% from the year's high point, before rebounding slightly to around $36 billion.
In contrast, on Christmas Day 2024, the market cap of Meme coins had once reached nearly $100 billion. Meanwhile, trading activity in the sector has also declined, with the annual trading volume dropping by 72% to $3.05 trillion, indicating that retail funds are moving away from high speculative assets.
It is widely believed in the market that Meme coins have always been a barometer of retail risk appetite. The significant contraction in market cap this time reflects a cautious trend in the current crypto market environment, with a noticeable decrease in attractiveness to funds. CoinGecko pointed out that the surge of Meme coins in 2024 was highly correlated with the U.S. presidential election, with election-themed tokens quickly gaining popularity on social media, blockchain activities, and launch platforms. However, this political narrative backfired on market sentiment in 2025.
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Link: Meme Coins Plunge into Harsh Reality from Christmas Frenzy: Market Cap Evaporates by 65% in One Year [Copy]