🔖Memecoin Report #13

The meme sector has shed 75% from its December 2024 peak — total market cap now sits at $31B.
Yet whales are quietly accumulating $DOGE and $PEPE at levels not seen since the last cycle bottom.
Overall volume remained healthy for leaders, but the sector reflected selective buying rather than broad euphoria.
🌏Overview
The memecoin market cap collapsed from $150.6B to $31.02B — a 75% drawdown that ranks among the sector's most severe.
The Crypto Fear & Greed Index hit 12/100 (Extreme Fear), only the third time it's dipped this low after the COVID crash (8) and LUNA/FTX collapse.
BTC dominance surged to 56.0%, confirming classic risk-off rotation.
🔥Trending Narratives
1/ Whale Accumulation Against the Crowd
$DOGE whales scooped up 470M tokens in just 72 hours, while PEPE's top 100 wallets added 23.02 trillion tokens over four months.
Smart money is loading while retail capitulates.
2/ $SHIB Burn Rate Explosion
Shiba Inu's burn rate surged between 274-633% this week, with over 16M SHIB removed from supply in a single period.
Total burned value passed $2.35B. Shibarium also launched the Alpha Layer to support custom rollups.
3/ DOGE Legal Saga Continues
A federal judge denied the Trump administration's bid to dismiss the DOGE (Department of Government Efficiency) lawsuit against Elon Musk.
Meanwhile, the administration asked the Supreme Court to block a watchdog inquiry into DOGE's operations.
🧐What’s New
1/ $TRUMP Token Deepest Drawdown
Down 94.5% from ATH, illustrating extreme risk of politically themed meme tokens.
2/ @Pumpfun platform adjustments
The leading Solana memecoin launchpad introduced a one-time limit on creator fee redirects to curb manipulation and “griefing.”
It also reported over 50% of March traders in the red, prompting fee model tweaks and expansions into non-meme assets like WBTC/USDC.
3/ Midnight Mainnet Imminent
Charles Hoskinson confirmed launch on track for Q1 deadline.
Could lift the entire Cardano ecosystem including $SNEK.