The memecoin market surged to a record $150.6 billion in December 2024, driven by election-linked speculation and political tokens, before plummeting over 73% toThe memecoin market surged to a record $150.6 billion in December 2024, driven by election-linked speculation and political tokens, before plummeting over 73% to

Election Speculation and TRUMP Token Linked to Memecoin Peak and 2025 Decline

The memecoin market surged to a record $150.6 billion in December 2024, driven by election-linked speculation and political tokens, before plummeting over 73% to $38 billion by November 2025, according to CoinGecko's 2025 State of Memecoins Report. Political narratives, including tokens tied to Donald Trump and Javier Milei, fueled the 2024 rally before sparking a [...]

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