MEMECOIN MARKET UPDATE: Weekend Sell-Off Deepens as Volume Drops to $4.16B
The memecoin market continues to face pressure over the weekend, with trading volume sliding further to $4.16 billion, marking another leg down in a week dominated by risk-off sentiment. This decline in activity has also dragged the overall memecoin market cap to $52.84 billion, a notable drop that reflects both lower investor interest and a wave of smallholder capitulation.
While the broader crypto market remains sluggish, the memecoin segment appears particularly vulnerable, with nearly all major players in the red over the past 24 hours. The lack of bullish momentum, combined with weekend volatility and low liquidity, has created ideal conditions for a slow grind down in prices.
Large Caps Suffer Across the Board
Most large-cap memecoins have extended their losses into the weekend:
$DOGE: Down 2.4%
$SHIB: Down 2.3%
$PEPE: Down 1.2%
$TRUMP: Down 4.2%
$BONK: Down 3.8%
The lack of any major catalyst, combined with weakening market sentiment, has seen even historically resilient coins like Dogecoin and Shiba Inu give up recent gains. Traders are staying on the sidelines, and any bounces are being sold into quickly.
FARTCOIN: The Surprise Standout
In contrast to the sea of red, $FARTCOIN has emerged as the unlikely winner this weekend, continuing its upward trajectory and maintaining a positive balance amid the downturn. The memecoin, which has surged in popularity over the past two weeks thanks to aggressive community engagement and viral marketing, now ranks 6th among memecoins by market cap, a remarkable climb.
Current Market Cap: $1.1 billion
24H Trading Volume: $104 million
While many initially dismissed $FARTCOIN as a short-lived joke, its momentum appears to be sticking — at least for now. The coin’s recent rally, fueled by retail enthusiasm and meme culture, shows that in memecoins, attention remains the ultimate utility.
Outlook: When Will the Bleeding Stop?
The current market conditions suggest that further downside is still possible, especially if volumes continue to fall and no major narratives emerge to reverse sentiment. With Bitcoin and Ethereum also trading flat to lower, memecoins are lacking the macro tailwinds they often ride during bullish phases.
However, periods of low volume can also set the stage for sudden, sharp reversals — especially in the meme sector, where a viral moment or influencer tweet can dramatically shift momentum.
For now, though, caution remains the dominant mood, and most memecoin traders are watching closely for either a clear bottom signal or signs of volume returning to the market.