Political Hype, Scams, and a Downturn: Uncovering the Truth Behind the Memecoin Decline

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

TRUMP-1.371%

Source: Coinmarketcap

Updated: Dec 22 2025

Memecoin Market Surge and Collapse: In December 2024, the memecoin market peaked at $150.6 billion, driven by political enthusiasm, but plummeted to $47.2 billion by November 2025 due to market saturation and rampant speculation.
Impact of New Token Launches: The market was flooded with up to 73,000 new tokens daily in early 2025, leading to a decline in value and trust as many projects failed shortly after launch.
Scams and Market Manipulation: The rise of political memecoins led to a surge in scams, with anonymous teams exploiting excitement to create fraudulent projects, resulting in significant losses for small investors.
Shift Towards Utility in Memecoins: Amidst the chaos, some memecoins like Dogecoin and BONK are evolving towards more practical applications in decentralized finance and gaming, while the U.S. remains a major hub for memecoin interest.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Political Hype, Scams, and a Downturn: Uncovering the Truth Behind the Memecoin Decline

About the author

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