Memecoins Plunge Over 50% in the First Half of 2025
Analysts warn that the future of memecoins remains heavily sentiment-driven and lacking in real-world utility.
Quick overview
- In early 2025, most major memecoins have lost over 50% of their value as retail enthusiasm declines.
- The explosive rally of 2024, where memecoins surged by up to 1300%, has proven unsustainable amid returning volatility.
- Eighteen of the top twenty memecoins experienced significant losses, with Cheems down 84% and Trump Coin losing over 70% of its market cap.
- Analysts suggest that without adaptation, memecoins may become irrelevant as investor focus shifts to more functional crypto assets.
After a wild ride in 2024, most memecoins have come crashing down in early 2025.
Nine out of ten major meme tokens have lost more than 50% of their value year-to-date, as retail enthusiasm wanes and tougher global regulations take hold.
2024’s Meme Boom Fizzles
Last year saw an explosive rally in the memecoin market, with tokens like Dogecoin, Shiba Inu, and the newly launched Trump Coin skyrocketing by 212% to 280% on average, with some outliers surging over 1300% in just a few months.
But that momentum proved unsustainable. As volatility returned and risk appetite faded, investors began pivoting toward utility-based tokens and institutional-grade crypto assets, leaving memecoins without fundamental support.
Heavy Losses Across the Board: From Cheems to Trump Coin
According to CoinMarketCap, 18 of the top 20 memecoins by market cap suffered double-digit losses in the first half of 2025:
- Cheems: down 84% since January — one of the sector’s most dramatic collapses.
- Trump Coin: fell over 70%, wiping out $4 billion in market capitalization after its post-inauguration surge.
- Bret and Baby Doge Coin: both declined by more than 60%.
- Six other memecoins dropped between 50% and 60%, while SPX 6900 and Mogcoin posted smaller declines near 30%.
The lone outlier was Cats in a Dog World, which managed to limit its loss to just 12%, offering a rare bright spot in an otherwise battered sector.
What’s Next for Memecoins?
Analysts warn that the future of memecoins remains heavily sentiment-driven and lacking in real-world utility. As global regulatory frameworks tighten and investor attention shifts to more functional crypto sectors —such as AI-linked and DeFi tokens— memecoins could face further downside unless they adapt or evolve.
“If memecoins fail to reinvent themselves, they risk becoming irrelevant in a market that’s maturing quickly,” one analyst noted.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
