Do Memecoins Still Have a Future After 80% Drop From Highs?

2 hours ago 1

Rommie Analytics

Key Takeaways

  • Meme sector market cap stands near $26 billion.
  • MemeCore gained 86% over the past week.
  • SPX6900 rose 29%, BONK added 15.5%.
  • Sector remains roughly 80% below early-2025 peak.

Where the Sector Stands

The total meme coin market capitalization sits at $25.96 billion, according to CoinMarketCap, a fraction of the roughly $137 billion peak reached in early 2025 during the memecoin mania that followed the U.S. election cycle. The drawdown of roughly 80% is deeper than Bitcoin’s decline from its own high, a reminder that the sector amplifies whatever the broader market does, in both directions.

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