Summary
- It reported that the total meme coin market capitalization decreased by about 68.7% over one year.
- It said that after last year's all-time high, the market fell sharply following the launches of OfficialTrump (TRUMP) and Libra (LIBRA).
- The daily average trading volume also appears to have been halved compared with the previous year.
The total meme coin market capitalization has plunged by nearly 70% over the past year.
On the 16th (local time), according to CoinGecko's '2025 Meme Coin Report', the entire meme coin market was measured at 47.2 billion dollars as of last month. Compared with about a year ago in December last year (150.6 billion dollars), it shrank by about 68.7%.
CoinGecko said, "The total meme coin market cap reached an all-time high last December thanks to U.S. President Donald Trump's re-election," adding, "However, the meme coin market fell sharply following the controversial launches of OfficialTrump (TRUMP) and Libra (LIBRA) in January."
Trading volume also plunged. The average daily trading volume of meme coins was below 5 billion dollars as of the beginning of this month. Compared with the previous year's daily average trading volume (9.7 billion dollars), it was roughly halved.
At one point last year, daily meme coin trading volume even surged to as high as 87.4 billion dollars. That was influenced by U.S. crypto exchanges such as Robinhood and Coinbase listing popular meme coins like Pepe (PEPE) and Dogwifhat (WIF).
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
