According to data from CoinMarketCap, the whole memecoins market capitalization was $95.86 billion on January 01, 2025, and the trading volume at the time was $12.80 billion; however, when writing, the market cap is at $73.28 billion with a volume of $18.75 billion.
In the YTD to date time frame, memecoins market capitalization has lost $22.58 billion, and the trading volume fell roughly 47% in the same frame.
However, after the broader market turned towards bullish territory, the memecoins also saw a sudden traction with a total market cap of $47.66 billion on April 01, 2025, that reached $55.10 billion on May 01 this year.
From May 01, 2025, to June 01, 2025, the memecoin market cap added nearly $5 billion, reaching $60.27 billion. It is worth noting that from June 01 to July 01, the market cap reached $53.75 billion after spiking near the $80 billion mark in the mid of June.
Despite this tumbling memecoins market cap grew 32.42% in the past 30 days, and trading volume surged over 170% and a weekly uptick of 20.62% is recorded in cap and 76.43% in the trading volume.
Who owes the most contribution to memecoin growth?
Over the past 7 days, Dogecoin’s market cap experienced notable fluctuation, starting below $26 billion on July 11 and peaking at $33 billion by July 17. An early surge on July 12, a midweek dip around July 15 dropping near $27 billion, and a strong recovery leading to sharp gains in the final two days.
The 7-day trend suggests bullish interest returning to Doge, with over $7 billion added in the market cap from the weekly low.
On the other hand, in the 7-day frame market cap of Shiba Inu reflected a steady upward trend beginning below $7.25 billion on July 11 and reaching over $8.75 billion by July 17.
The consistent uptick towards the end of the week indicates growing momentum, adding $1.5 billion to its market capitalization.
Over the past 7 days, Bonk emerged as one of the strongest contributors to memecoins market cap growth, more than doubling its value from below $1.75 billion to over $3.20 billion before slightly correcting to $3.06 billion.
Pepe also posted solid gains, rising below $4.60 billion to a peak of $5.80 billion, adding over $1 billion in the market cap, while Bonk and Pepe played primary roles with Doge and Shiba Inu in the memecoin rally.
Also, Pudgy Penguins saw a notable surge of nearly 58% with its market cap rising from around $1.77 billion to $1.97 billion, peaking above $2 billion. This sharp growth underscores strong investors’ interest in NFT-linked memecoins.
SPX6900, one of the most discussed memecoin in the market, has shown an upwards trajectory beginning near $1.35 billion and reaching $1.71 billion in the past 7 days.
While the early days reflected sideways and slightly volatile movement, a sharp breakout occurred mid-week, which pushed SPX6900’s market cap by over $350 million.
