In 2025, meme coin market capitalization plummeted over 60%, with trading volume sharply dropping to $3 billion.

MarsBitNews · 2026-01-12T03:02:04+00:00

The report shows that meme coins suffered a heavy blow in 2025, with the total market capitalization dropping from 93.1 billion to 36.5 billion, a decline of 61%. Trading volume plummeted, and the market became highly concentrated in Dogecoin and Shiba Inu, which together account for 84%. At the same time, the activity level of related projects on the Solana chain also declined significantly.

MarsBitNews

2026-01-12 03:02:04

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Mars Finance reports that according to analysis platform BestBrokers, despite the overall cryptocurrency market capitalization remaining above $3 trillion and briefly touching $4 trillion, meme coins suffered a heavy blow in 2025. The total market cap plummeted from $93.1 billion in January 2025 to $36.5 billion in January 2026, a decline of approximately 61%. Trading volume sharply dropped from a peak of nearly $20 billion in mid-2025 to less than $3 billion in December, currently rebounding slightly to $3.4 billion. Over 13 million meme coins were launched in 2025, but most failed to maintain their value. The market is highly concentrated, with Dogecoin and Shiba Inu accounting for a combined 84% of the total meme coin market cap. The daily active wallet registrations on Solana’s launchpad pumpfun have decreased by 66%.

DOGE3,39%

SHIB4,38%

SOL1,94%

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