Just as Internet communities transformed information through viral memes, January 2025 is revealing a new trend: the launch of 37 million memecoins to the digital asset market, until now. This is what speculation could turn into a new form of digital art.
January 2025 closed with a record for cryptocurrency markets, having reached a capitalization of 3.76 billion dollars, just when memecoins are booming. This combination of facts is what led to the CEO of Binance, Richard Teng, to launch a warning about the risks of market fragmentation: «The 100 main tokens represent 98% of the total capitalization. Most of the 37 million memecoins have minimal values and they depend purely on speculation ».
In an email sent to the writing of cryptootics, Teng adds that, to the current rhythm, the projection is that The Memecoins market exceeds 100 million tokens created by the end of 2025which could further dilute the value of this ecosystem.
The highlight of the manager of one of the largest exchanges in the industry happens at the time the Pump.fun platform, based on Solana, has become the epicenter of the aforementioned memecoins fever. In it, it is possible to create tokens in minutes and launch them to the community during a live broadcast.
As Cryptonotics reported it before, that was what a 13 -year -old teenager took advantage of, who later fled with a booty of $ 30,000 harvested with the sale of his own token, the genz quant (quant). Subsequently and ironically, the community promoted the value of quant 300% in hours, becoming a case that calls for reflection on what is valuable or not in the ecosystem of cryptocurrencies.
Precisely about this deepes Teng when he points out that «Volatility will decrease when digital assets win utility value». Meanwhile, Memecoins continue to emerge as part of a cultural thermometer. This is because, like Bitcoin, they reflect the discontent of humanity by the traditional system. However, memecoins use internetized humor and the search for communities in an increasingly digital financial world.
The detail is in the value, as Teng states. It points it like this because of the fact that the growth of the memecoins market is fragmenting capital, making it difficult for tokens to maintain their value and encourage speculation. Although this boom brings many investors, Most tokens have a small market capitalizationwhile the 100 main cryptocurrencies comprise 98% of the total capitalization of the digital asset market, where Bitcoin is the queen currency, for representing more than 60% of the general capitalization of the market.
In the dynamics of the market, the net capital rotation to Bitcoin is evident, indicating the preference of investors for the leading digital currency, despite the moments of agitation.
Memecoins a cultural revolution?
Bitcoin’s adoption is in Turbo mode in the United States, catalyzed on initiatives such as the creation of a working group for a national cryptocurrency reserve and the prohibition of a digital dollar by the United States Federal Reserve, both promoted by Donald Trump In addition, Eric Trump’s proposal to exempt taxes on US cryptoactive capital gains has further encouraged investment.
However, too Donald Trump launched his own memecoins like Trump and Melaniareaching an assessment of 710,000 million dollars, but experiencing significant falls in its price and with appearances among cryptocurrencies with worse performance.
This movement not only reflects a personal interest in taking advantage of crypto market trends, it also underlines a new form of interaction with popular culture and politics. The entry of prominent political figures in this space generates doubts about whether this represents greater legitimacy, although It also raises questions about market manipulation and ethics in the promotion of digital assets.
The question that remains is whether this fever for memecoins is simply a passing fad or if we are really witnessing the birth of a new form of digital economy and culture.