Wynn

Bonk

Shiba Inu

James

The memecoin sector’s market capitalization fell to levels last seen in July, as meme-based tokens struggled to recover from losses incurred during the crypto market’s sharp crash on Friday.&nbsp;
CoinMarketCap data <a href="https://coinmarketcap.com/view/memes/" rel="noopener noreferrer nofollow" target="_blank">showed</a> that on Saturday, the memecoin sector dropped to a low of $44 billion, an almost 40% plunge from $72 billion the previous day. On Sunday, the memecoin market slightly recovered to $53 billion, a level last seen in July before a Solana-based memecoin frenzy <a href="https://cointelegraph.com/news/memecoin-market-cap-surges-17b-july-bonk-floki-pumpfun" rel="noopener noreferrer nofollow">ignited the sector’s late-summer rally</a>.
Over the last four months, the memecoin market cap has consistently remained above $60 billion, as meme-based tokens have maintained strong retail interest, fueled by Solana and BNB Chain. However, the recent plunge marked a shift in momentum.&nbsp;
At the time of writing, the memecoin sector’s market cap hovers at $57 billion, still much lower than its recent performances.&nbsp;
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 <img alt="Memecoins rewind to July levels as markets struggle to recover" src="https://s3.cointelegraph.com/uploads/2025-10/0199ec92-b47e-78e6-922c-ddb1a4ea6e0e" title="">
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 Memecoin market cap’s seven-day chart. Source: CoinMarketCap
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<h2 id="top-memecoins-struggle-to-recover-from-friday-s-bloodbath">Top memecoins struggle to recover from Friday’s bloodbath</h2>
According to CoinMarketCap, the top 10 memecoins account for about $47 billion, more than 82% of the sector’s total market capitalization. At the time of writing, all these tokens were trading in the red, both on the 24-hour and seven-day charts.&nbsp;
The biggest meme tokens like Dogecoin (<a href="https://cointelegraph.com/doge-price-index" rel="noopener noreferrer nofollow">DOGE</a>), Shiba Inu (<a href="https://cointelegraph.com/shiba-inu-price-index" rel="noopener noreferrer nofollow">SHIB</a>) and Pepe (<a href="https://cointelegraph.com/pepe-price-index" rel="noopener noreferrer nofollow">PEPE</a>) all posted weekly losses from 13%–22%. Other top-ranked memecoins like Bonk (<a href="https://cointelegraph.com/bonk-price-index" rel="noopener noreferrer nofollow">BONK</a>) and Floki (<a href="https://cointelegraph.com/floki-price-index" rel="noopener noreferrer nofollow">FLOKI</a>) dropped by over 20% in the last week.&nbsp;
US President Donald Trump’s official memecoin token was also hit by the crash and is 20% down in the weekly charts.&nbsp;
<figure>
 <img alt="Memecoins rewind to July levels as markets struggle to recover" src="https://s3.cointelegraph.com/uploads/2025-10/0199ec93-0cb8-779e-baf7-57f81ba417e3" title="">
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 Top memecoins down by double-digit percentages. Source: CoinMarketCap
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Related: <a href="https://cointelegraph.com/news/james-wynn-liquidated-4-8-million" rel="noopener noreferrer nofollow">High-leverage crypto trader James Wynn liquidated again, this time for $4.8M</a>
<h2 id="other-sectors-quickly-stabilized-after-the-market-crash">Other sectors quickly stabilized after the market crash</h2>
While memecoins are still recovering from the aftermath of the crash, several other sectors have shown signs of faster stabilization and recovery.
A day after the crash, non-fungible tokens (NFTs) <a href="https://cointelegraph.com/news/nft-market-rebound-after-1-2b-wipeout-crypto-crash" rel="noopener noreferrer nofollow">started to bounce back</a>. During the market sell-off, the overall value of the NFT space dropped by 20%, with about $1.2 billion in value erased from the sector. However, the niche quickly recovered, regaining 10% the day after the crash.&nbsp;
Crypto exchange-traded funds (ETFs) also quickly attracted fresh inflows after a wave of outflows <a href="https://cointelegraph.com/news/bitcoin-ether-etfs-rebound-as-powell-signals-rate-cuts" rel="noopener noreferrer nofollow">following the recent market meltdown</a>. On Tuesday, spot Bitcoin ETFs saw $102 million in net inflows, while Ether ETFs recorded $236 million in net inflows.&nbsp;
More established cryptocurrencies were also quick to recover. Bitcoin (<a href="https://cointelegraph.com/bitcoin-price" rel="noopener noreferrer nofollow">BTC</a>), <a href="https://cointelegraph.com/news/trump100-tariffs-china-bitcoin-plummets-110k" rel="noopener noreferrer nofollow">which dropped to $102,000</a>, is trading above $111,000, according to CoinGecko. Ether (<a href="https://cointelegraph.com/ethereum-price" rel="noopener noreferrer nofollow">ETH</a>), which declined to below $3,700, has recovered to levels above $4,000.&nbsp;<iframe width="100%" height="315" src="https://www.youtube.com/embed/haInlj7rTSs?start=" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen loading="lazy" sandbox="allow-scripts allow-same-origin allow-popups allow-forms"></iframe>
Magazine: <a href="https://cointelegraph.com/magazine/blackrock-sharplink-gaming-joseph-chalom-bitcoin-ethereum-etfs/" rel="noopener noreferrer nofollow">Sharplink exec shocked by level of BTC and ETH ETF hodling: Joseph Chalom</a>

Memecoins rewind to July levels as markets struggle to recover

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