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Memecoin Market Cap Falls 70% to $47 Billion After $150 Billion Peak in 2024

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DOGE
$0.13009-1.34%
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TRUMP
$5.009-2.12%
This is the logo of the coin.
PEPE
$0.00000404-1.24%
Memecoin market cap fell 70% to $47 billion in November 2025, down from a $150.6 billion peak in late 2024, per the CoinGecko State of Memecoins Report 2025. Daily market report data shows trading volumes dropped below $5 billion, compared to $87 billion in 2024. DOGE leads with $20 billion, while INU, TRUMP, and PEPE add $6 billion. Independent memecoins hold over 86% of the sector, as most launchpad tokens failed to sustain liquidity. Traders are now eyeing altcoins to watch for potential rebounds.
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