Memecoin Meltdown: Top Tokens Plummet Over 55% Amid Broad Market Slump

18.11.2025 23:31 2 sources neutral

The memecoin sector faced a severe downturn in late 2025, with several prominent tokens recording declines exceeding 55% during a broader market retreat. According to data from CoinMarketCap, the overall memecoin market cap dropped to $52.05 billion, with daily volume declining to approximately $5.45 billion, reflecting heightened sell pressure and thinning liquidity.

Five meme-focused assets—PEPE, BONK, SPX6900, FARTCOIN, and FLOKI—were among the hardest hit, each experiencing unique volatility patterns. PEPE and BONK registered steep drawdowns, with PEPE's decline highlighting rapid sentiment shifts as liquidity contracted. SPX6900 and FARTCOIN saw groundbreaking losses in rapid sequence, while FLOKI extended its downtrend under highly dynamic conditions.

Data from Stalkchain revealed that sell volume surpassed $1 million, outpacing buys, with FARTCOIN emerging as the most accumulated token by smart money despite being over 90% down from its all-time high. In contrast, tokens like Useless Coin (USELESS) faced heavy selling. The broader crypto market, valued at $3.25 trillion, saw memecoins leading losses alongside Layer 1s and gaming sectors, raising questions about whether the memecoin frenzy has faded in Q4 2025.