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Published: October 16, 2025 | โฑ๏ธ 2 min read
๐ฐ Market Update: DOGE +1.89% | SHIB +1.45% | PEPE +1.25% | BTC +0.69%
๐ Memecoin Market Suffers Sharp Decline
The memecoin sector has taken a hard hit, plunging back to levels last seen in July 2025, as crypto markets continue to recover from last Fridayโs major crash.
According to CoinMarketCap, the total memecoin market capitalization dropped to nearly $44 billion on Saturday โ a 40% decline from the previous dayโs $72 billion. By Sunday, the market slightly rebounded to $53 billion, a level not seen since before the Solana-based memecoin frenzy that fueled the summer rally.
For the past four months, memecoins maintained a steady capitalization above $60 billion, driven by strong retail demand and activity on Solana and BNB Chain. But the recent drop marks a clear shift in sentiment and momentum.
As of now, the memecoin market cap hovers near $57 billion, still well below its early October highs.
๐จ Top Memecoins Face Heavy Losses
The top 10 memecoins โ which together account for over 82% of the total sector value (around $47 billion) โ are all trading in the red.
- Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) saw weekly losses between 13%โ22%.
- Bonk (BONK) and Floki (FLOKI) fell over 20% in the last seven days.
- Even Donald Trumpโs official memecoin token was not spared, sliding 20% during the week.
Despite small daily gains, these tokens remain under pressure as investor confidence wanes.
โก Other Crypto Sectors Show Faster Recovery
While memecoins continue to lag, other parts of the crypto market are showing stronger recovery signals.
- NFTs: After dropping 20% during the crash (losing nearly $1.2 billion in value), the NFT market rebounded by 10% within a day.
- Crypto ETFs: Spot Bitcoin ETFs saw $102 million in net inflows, while Ether ETFs attracted $236 million as investors returned to established assets.
- Major Coins:
- Bitcoin (BTC) bounced from $102,000 to over $111,000
- Ether (ETH) recovered from $3,700 to above $4,000
This suggests that mainstream crypto assets are regaining stability faster than speculative meme tokens.
๐ก The Takeaway
Memecoins, known for their volatility and community-driven hype, are showing signs of fatigue after months of strong performance.
As capital flows back into Bitcoin, Ethereum, and ETFs, the memecoin sector might face a longer recovery path unless renewed retail momentum kicks in.