Memecoins go from Christmas cheer to cold reality, sinking 65% in a year
Memecoins are trading near year-end lows, marking a sharp reversal from the speculative peak reached in Christmas 2024.Memecoins fell 65% over the year to a market capitalization of $35 billion on Dec. 19, their lowest level of 2025, according to CoinMarketCap data. They retraced some losses on Frid