Meme Coin Projects Peak an Average of 17.2 Days After Trading; 3% Reclaim Their Highs

Meme coin projects reached an all-time high an average of 17.2 days after first trading, but only 3% later returned to that mark.

One-quarter of the projects reached their peak within 1.6 days of first trading. The median time from a peak to a 95% price decline was 370 days.

A flood of new tokens and a cycle of rapid price increases followed by selling are cooling the sector. Artificial intelligence and prediction markets are also drawing attention away from meme coins. Prediction markets overlap with some of the investor demand that previously supported meme coin speculation.

Meme coins still serve as a form of cultural expression, though that role has become less prominent.