Ki Young Ju, CEO of the crypto analytics platform CryptoQuant, has declared that the memecoin market has effectively come to an end.
CryptoQuant CEO: “The Memeoin Market is Dead”
Ju, in his assessment based on market rates tracked throughout the year, noted that at the beginning of 2025, the share of meme coins in the total altcoin market exceeded its historical peak of 0.1%. However, current data reveals that this rate has fallen below 0.04% today.
According to Ju, this dramatic drop indicates a significant decrease in investor interest and that memecoin projects are rapidly losing their weight in the crypto ecosystem.
Market popularity peaked, particularly during the 2023–2024 period, with pioneering projects like DOGE and SHIB, as well as numerous new memecoins, rapidly gaining value. However, analysts have long emphasized that this rise was largely fueled by speculative capital inflows and was unsustainable.
In recent months, shifts in institutional investor flows, the channeling of liquidity towards large projects, and tightening regulatory frameworks have led to a significant contraction in the memecoin segment.
The CEO of CryptoQuant also stated that this trend is permanent, saying, “The meme coin market is dead.” According to Ju, investor behavior is now shifting towards projects with more solid use cases and sustainable economic models.
Experts believe that the decline in memecoins is a healthy consolidation process for the overall market, and that the future of the sector will be shaped by projects with strong user bases and high developer activity.
*This is not investment advice.
