Key Takeaways
How has the memecoin sector carried out in 2025?
H2 2025 has been powerful, because the section posted losses of 43%.
What may set off the following memecoin season?
If the broader market recovers, with no new dominant narrative to invest on.
FLOKI’s spectacular run on Monday, following a optimistic Elon Musk publish, has sparked the nostalgia of the “memecoin supercycle” of 2024.
Between 2023 and 2024, the memecoin narrative was dominant as merchants averted perceived “VC tokens.” The broader crypto market rally in late 2024 lifted them even larger. The uptrend prolonged in early 2025, however stalled after Official Trump coin [TRUMP] debuted.
Are privateness cash capping memecoins’ restoration?
A restoration try in Q2-Q3 2025 didn’t stick for lengthy earlier than the privateness coin narrative grew to become extra widespread. In truth, on a YTD (year-to-date) foundation, memecoins’ efficiency has dropped by 43%.
Supply: Artemis
Quite the opposite, privateness cash led by Zcash [ZEC] and Monero [XMR] have dominated the sector efficiency chart.
Privateness cash have mooned by 120%. Aside from Bitcoin [BTC] and Ethereum [ETH], one other best-performing section has been alternate tokens, with BNB hitting new highs in October.
Assessing potential memecoin catalysts
So, when will the memecoin supercycle be again?
Until there’s no different scorching narrative like at the moment with privateness cash, memecoin momentum may take a short while. The broader weak sentiment may additionally derail degens betting on the section.
A take a look at the general efficiency revealed that the sector has exploded throughout broader rallies. In truth, there was a surge in late 2024, and in early Q2 and Q3 2025.
If the development continues, then maybe one other rally could also be possible if BTC climbs larger once more and boosts speculative demand.
Supply: Coingecko
Most analysts anticipate market aid after the federal government shutdown is over. So, November or December could possibly be an important month to trace.
Apart from, the memecoin scene has been usually concentrated in Solana [SOL], BNB Chain and Base. So, any capital inflows into these ecosystems may level to the place the following motion is perhaps.
Within the final 30 days, Base has recorded $2.4 billion in Capital Internet Flows, whereas Solana and BNB Chain noticed figures of $181 million and $143 million, respectively.
Supply Artemis
In different phrases, if the memecoin season was on, then the Base ecosystem may supply extra gems with higher returns than different chains.
That stated, essentially the most aggressive memecoin motion has been in Solana. Meteora, one of many Solana platforms that drives memecoin buying and selling, is about to launch its token (MET) on 23 October.
If the debut is profitable, maybe some rotation may occur to different memecoins throughout its ecosystem. Nonetheless, it gained’t be a broader rally if the general market sentiment stays muted.