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$110B Gone: The Collapse of the Meme Coin Boom


$110B Gone: The Collapse of the Meme Coin Boom

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Despite several rebounds throughout 2025, the meme coin market has been unable to regain the momentum of the previous cycle.
$110B Gone: The Collapse of the Meme Coin Boom

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In November 2024, the category's combined market cap reached $135.06B, but by June 15, 2026, it had fallen to $24.48B. This represents an 81.9% decline from its all-time high.

The sector has also remained under pressure throughout 2026, posting a -31.3% YTD performance.

At the same time, capital is rotating toward narratives that offer clearer economic value:

Stablecoins
Prediction Markets
AI Infrastructure
• Revenue-Generating DeFi Protocols

These sectors dominate much of today's institutional and venture capital discussion, while memecoins compete for a smaller share of attention and liquidity.

Meme Projects
Disclaimer: This post was independently created by the author(s) for general informational purposes and does not necessarily reflect the views of Algona Business Ltd. The author(s) may hold cryptocurrencies mentioned in this report. This post is not investment advice. Conduct your own research and consult an independent financial, tax, or legal advisor before making any investment decisions. The information here does not constitute an offer or solicitation to buy or sell any financial instrument or participate in any trading strategy. Past performance is no guarantee of future results. Without the prior written consent of CryptoRank, no part of this report may be copied, photocopied, reproduced or redistributed in any form or by any means.

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