Meme Coin Market Crash: $28 Billion Vanishes as Prices Plunge 40% to July Lows
Yahoo Financeยท2025-10-16 20:18
The once-booming meme coin sector has suffered one of its sharpest declines this year, with nearly $28 billion wiped out in less than 48 hours as traders rushed to exit amid a wider crypto market crash. According to data from CoinMarketCap, the total market capitalization of meme-based tokens fell to $44 billion on Saturday, down almost 40% from $72 billion the previous day. Meme Coins MarketCap 7d Chart Source: CoinMarketCap The crash dragged the sector to levels last seen in July, erasing months of st ...