Political tokens played key role in memecoin boom and bust: CoinGecko
Election-linked speculation and viral political tokens reshaped memecoins in 2024 before confidence unraveled in early 2025, CoinGecko data shows.
Last updated: 2025-12-17 21:09:03 ET
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Election-linked speculation and viral political tokens reshaped memecoins in 2024 before confidence unraveled in early 2025, CoinGecko data shows.
Bitcoin fell 26% in three months but outperformed most crypto sectors as Ether dropped 36%, AI tokens fell 48%, and memecoins dipped 56%.
Memecoins were never about memes, jokes, or financial nihilism; it is the underlying technology and its implications that are promising.
Crypto investor demand for memecoins remains at lows not seen since 2024, despite a growing speculative appetite that has boosted TradFi leveraged ETF...