Sat 22 Nov 2025 ▪
4
min learn ▪ by
The crypto market goes by means of an unstable interval, marked by a pointy decline in probably the most speculative property. In 24 hours, memecoins misplaced greater than 5 billion {dollars}, bringing their capitalization to an annual flooring. NFTs observe the identical trajectory, reaching their lowest degree since April. This plunge is a part of a broader flight-to-safety motion, with traders massively deserting high-risk property.
Briefly
- The crypto market is present process a violent correction, with large investor disengagement from the riskiest property.
- Memecoins plunge to their lowest degree of 2025, dropping 66 % of their worth for the reason that starting of the yr.
- In simply 24 hours, over 5 billion {dollars} have been worn out from memecoin capitalization, regardless of elevated volumes.
- The entire crypto market capitalization misplaced 800 billion {dollars} in three weeks.
A lightning collapse of memecoins
Whereas many analysts see these cryptos as a lucrative bubble for platforms, memecoins reached their lowest degree of the yr this Friday, November 21, with whole capitalization introduced all the way down to 39.4 billion {dollars}.
This quantity marks a drop of 66.2 % from the height of 116.7 billion {dollars} recorded on January 5. In simply 24 hours, more than 5 billion dollars were wiped out from the market, regardless of a notable 40 % improve in buying and selling quantity.
This dynamic is a part of a normal correction context. Thus, the general crypto market capitalization went from 3,770 billion {dollars} originally of November to 2,960 billion on November 21, a lack of 800 billion {dollars} in three weeks.
The highest ten memecoins have all been impacted, with out exception, exhibiting short- and medium-term losses. At present, none manages to remain within the inexperienced, all indicators pointing downwards. Listed below are the key elements :
- Dogecoin (DOGE) falls by 14.10 % over seven days ;
- Shiba Inu (SHIB), Pepe (PEPE), Bonk (BONK), and Floki (FLOKI) endure losses of as much as 20 % ;
- The memecoin TRUMP, linked to Donald Trump, information the smallest drop within the high 10, at –11.65 % ;
- SPX6900 loses 14.26 % over the identical interval.
This widespread decline is however accompanied by rising exercise, with an explosion in buying and selling volumes, a doable signal of large investor disengagement.
All these components testify to a pointy disinterest in speculative property, in a context of elevated crypto market volatility. The severity and velocity of this correction sign a strengthened danger aversion local weather, more likely to reshape investor priorities within the coming weeks.
The tip of an euphoria cycle for NFT ?
Alongside the collapse of memecoins, the NFT market goes by means of a interval of sharp contraction. The capitalization of non-fungible tokens dropped to 2.78 billion {dollars} on November 21, in comparison with 4.9 billion thirty days earlier.
That is the bottom valuation recorded since final April. This 43 % decline in a single month confirms a rising disinterest from traders for collectible cryptos, whose speculative cycle appears to be slowing down.
Most main collections are affected. Hyperliquid’s Hypurr NFTs present a spectacular drop of 41.1 % over 30 days. Moonbirds fall 32.7 %, CryptoPunks 27.1 %, whereas Pudgy Penguins lose 26.6 % of their worth.
Two exceptions stand out nonetheless: Infinex Patrons rise 11.3 % over the previous month, whereas Autoglyphs restrict the injury with a slight decline of 1.9 %. These remoted performances are however not sufficient to reverse the general pattern.
Not like memecoins, that are affected by short-term market dynamics, the drop in NFTs appears to suit right into a extra structural trajectory, marked by an enduring decline in curiosity for the sort of asset.
Whereas the present correction displays a type of market consolidation, it raises questions concerning the sustainability of sure segments of Web3. The frenzied hypothesis that propelled these property in 2021–2022 seems to have misplaced momentum. Some analysts will see this as a vital purification section, whereas others as a deeper repudiation.
Maximize your Cointribune expertise with our “Learn to Earn” program! For each article you learn, earn factors and entry unique rewards. Join now and begin incomes advantages.
Diplômé de Sciences Po Toulouse et titulaire d’une certification marketing consultant blockchain délivrée par Alyra, j’ai rejoint l’aventure Cointribune en 2019.
Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l’économie, j’ai pris l’engagement de sensibiliser et d’informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu’elle offre. Je m’efforce chaque jour de fournir une analyse goal de l’actualité, de décrypter les tendances du marché, de relayer les dernières improvements technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, ideas, and opinions expressed on this article belong solely to the writer, and shouldn’t be taken as funding recommendation. Do your personal analysis earlier than taking any funding choices.
