Meme coins crash to 2025 lows as investor interest dries up

Meme coins have slipped to their lowest market-cap levels of 2025, reflecting a sharp drop in investor interest.

Trading volumes on decentralised exchanges have fallen nearly 70% year-on-year, showing how quickly sentiment has cooled in this segment of the crypto market.

This year was dominated by institutional, retail, and corporate investors shifting towards large, established “blue-chip” cryptocurrencies. As a result, money moved away from speculative meme tokens and even flowed into AI-focused crypto projects.

Meme coins are cryptocurrencies inspired by internet memes, pop culture, and viral social media trends. They usually don’t have real-world use cases or backing by any tangible assets, which is why they are seen as highly speculative.



The price damage has been deep. Dogecoin is down about 56% this year, SHIB has fallen 62%, and other well-known tokens such as PEPE and FartCoin are down 79–80%. PNut has seen one of the steepest drops, losing 88% of its value.

However, a few niche tokens have bucked the trend—Useless is up 19%, Giggle has gained 22%, and Trump Coin has surged nearly 49% this year.

The overall picture, though, remains one of a market where speculation has dried up and only a few pockets of demand remain.

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