The memecoin heat has vanished from the market
The memecoin share of the total altcoin market cap just dropped to its lowest level since February 2024
Back in November 2024, during the peak memecoin mania, this sector made up more than 10% of the entire altcoin market cap
Now it is sitting around 3.7%
That tells us a few things:
- Speculative money has cooled down hard
- Memecoin demand is much weaker than before
- The holder base is getting thinner
- CEX memecoin bags are losing attention fast
For the past 3 years, the memecoin crowd has rarely looked this empty
Maybe that is where bottoms start forming
or maybe it is just what happens when the casino lights turn off

just memecoin (MEMECOIN)
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🐕🙌 Memecoin holders are becoming increasingly rare.
Know this 👉 if you’re holding this type of token, you’ve never been fewer in number.
As a result, this sector’s dominance compared to Altcoins is at its lowest since February 2024.
— 💡 This ratio compares the Market cap of memecoins to that of Altcoins to identify periods when the memecoin market is in vogue or completely abandoned. —
In November 2024, memecoin season pushed the sector’s market cap to represent over 10% of the total Altcoin market cap.
💥 Today we’re at 3.7%, suggesting memecoin holders are becoming increasingly rare and have never been fewer in number over these past 3 years.
Nearly $1 Million crypto wallets have lost $3.81 Billion on a memecoin linked to Trump
Are you one of them ? https://t.co/hZddznirmT
ansem currently has $206.8 mil in memecoin holdings on pumpfun
down $13.7 mil in the last 24 hours
he could do the funniest thing… https://t.co/8I32g6j1a6
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