Memecoins Dominate 50% of New Listings — MEXC
MEXC has published its token listing and trading data for January and February, revealing that memecoins made up nearly 50% of all new listings. Despite ongoing market volatility and downturns, the report highlights robust demand for new tokens, particularly memecoins, among traders on the platform.
Last updated on March 15th, 2025 at 10:24 am
MEXC has published its token listing and trading data for January and February, revealing that memecoins made up nearly 50% of all new listings. Despite ongoing market volatility and downturns, the report highlights robust demand for new tokens, particularly memecoins, among traders on the platform.
During the two-month period, MEXC listed a total of 451 new tokens, with 245 of them classified as memecoins. February stood out as an exceptional month, with seven of the top 10 tokens by trading volume launched during this period.
The report also revealed a significant surge in the average peak increase for new tokens, rising from 388% in January to an impressive 660% in February. The average peak increase among the top 10 new tokens by trading volume reached 756%. TST led the way among the top performers with a staggering 4,792% increase, while ELONSOL followed closely with a 1,128% rise. Leading the trading volume among new tokens was the TRUMP token, which accounted for over 45% of the total trading volume.
Other notable tokens included MELANIA and CAR, both ranking among the top five best-performing assets. Significantly, four out of these five top tokens were linked to public figures, driven by social trends and celebrity associations that fueled their rapid ascent.
Notably, celebrity and politically themed memecoins experienced the most substantial price surges, with the top three meme coins—TST, ELONSOL, and MELANIA—recording an average peak increase of 2,338%. In contrast, the top three non-meme tokens—BSX, J, and RIZ—posted a comparatively lower average peak increase of 640%, highlighting the influence of social trends on trading performance.
In response to the rising popularity of memecoins, Coinbase CEO Brian Armstrong acknowledged their growing presence in the crypto space while cautioning against illegal activities like insider trading. He pointed out the long-standing nature of memecoins within the industry, drawing comparisons between Dogecoin’s longevity and Bitcoin’s prominence.
Armstrong also likened memecoins to early internet trends that initially seemed trivial but eventually gained significance, suggesting that their rise could signal a broader movement toward tokenizing digital content and financial assets.
If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter , LinkedIn , Facebook , Instagram , and CoinMarketCap Community.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Have financial markets reached peak uncertainty?
Share link:In this post: Trump’s unclear April 2 tariffs and new policies have pushed markets into peak uncertainty. Fed officials and investors have little confidence in economic forecasts right now. Most S&P 500 losses came from big tech stocks, while the rest of the index is holding up.
Starlink and Italian government’s deal has stalled, in disapproval of Musk’s Doge role
Share link:In this post: Discussions between government and Starlink halted on security concerns and Musk’s role in the Trump administration. Opposition politicians questioned the logic of engaging a foreign business over sensitive matters. However, there are chances negotiations may resume
Trump’s proposed 200% tariff on European liquor imports stokes worries among California’s winemakers
Share link:In this post: Trump’s proposed 200% tariffs on European wine worry California winemakers already struggling with low demand and crop losses. Large companies may benefit from refunds, but smaller wineries fear disrupted sales and distribution. Some see potential benefits for U.S. wines, but many fear economic harm if European alcohol prices skyrocket.
Trump’s economic policies put $5,000 DOGE dividend checks on hold
Share link:In this post: Trump delays DOGE dividends, prioritizing tariffs and tax cuts over $5,000 stimulus checks. Economists warn that cash payouts may worsen inflation. The plan’s future depends on the country’s economic performance.
Trending news
MoreCrypto prices
More
