Memecoin News: Memecoin Market Crashes to 2025 Low as $5B Wiped Out in a Single Day

The memecoin market has crashed to its lowest level of 2025, shedding more than $5 billion in 24 hours as traders flee speculative assets during a broader crypto market drawdown.According to CoinMarketCap, the combined market capitalization of major memecoins plunged to $39.4 billion on Friday — down from $44 billion the previous day — despite a 40% surge in trading volume. The sell-off marks a 66.2% decline from the memecoin sector’s yearly peak of $116.7 billion, reached on Jan. 5.Crypto Market Bleeds $800B in 3 WeeksThe memecoin crash mirrors the broader crypto downturn. CoinGecko data shows the total crypto market cap has fallen from $3.77 trillion (Nov. 1) to $2.96 trillion, wiping out nearly $800 billion in three weeks.At publication time:Bitcoin (BTC): $82,778, down 14.7% over the weekEther (ETH): $2,688, down 16% over the weekThe weakness reflects a widespread retreat from risk across the digital asset sector.Top Memecoins Deep in the Red Across All TimeframesEvery major memecoin in the top 10 by market cap is posting losses across 1-hour, 24-hour, and weekly timeframes — signaling a broad collapse in risk appetite.Weekly losses among major memecoins:Dogecoin (DOGE): –14.10%Shiba Inu (SHIB): double-digit lossesPepe (PEPE): about –20%Bonk (BONK): about –20%Floki (FLOKI): steep declinesDogwifhat (WIF): ~–20%Pudgy Penguins (PENGU): ~–20%Even Donald Trump’s TRUMP memecoin, one of the most resilient during the downturn, fell 11.65% on the week.Across the board, seven-day losses ranged from 11% to over 20%, confirming a sector-wide capitulation.NFT Market Hits Lowest Level Since AprilThe nonfungible token (NFT) market — another speculative segment closely tied to risk sentiment — also saw a sharp contraction.NFT total market cap: $2.78 billion, down 43% over 30 daysLowest since April 2025Reflects ongoing declines in demand for digital collectiblesLargest 30-day NFT losses among top collections:Hypurr (Hyperliquid): –41.1%Moonbirds: –32.7%CryptoPunks: –27.1%Pudgy Penguins: –26.6%Only two collections bucked the trend:Infinex Patrons: +11.3% — the month’s best performerAutoglyphs: –1.9%, the smallest decline among major collectionsSentiment Hits Multi-Month LowsThe synchronized drop across memecoins, NFTs, Bitcoin, and Ethereum reflects a deepening risk-off environment:ETF outflows have hit multi-week recordsMacro uncertainty is risingTraders are reducing exposure to high-volatility assetsLiquidity remains thin across speculative tokensAnalysts warn that until macro conditions stabilize or ETF flows reverse, memecoins and NFTs may face continued pressure.