Market Downturn and Investor Sentiment
After a remarkable 500% growth in 2024, the meme coin market has faced a substantial correction in 2025. The total market capitalization has plummeted by approximately 56.8%, dropping from 125 billion in December 2024 to54 billion by March 2025. This decline is attributed to waning investor interest and a shift towards more utility-driven cryptocurrencies. [1][2]
Key meme coins have been affected:
- $PEPE *PEPE*: Trading at 0.000000001043, experiencing a 51.74
Platforms like Pump.fun, which facilitated rapid meme coin launches, have seen trading volumes drop from3.3 billion in January to 814 million
