{"id":22170,"date":"2025-03-18T11:12:37","date_gmt":"2025-03-18T09:12:37","guid":{"rendered":"https:\/\/forklog.com\/en\/memecoin-index-plummets-90-in-three-months\/"},"modified":"2025-03-18T11:12:37","modified_gmt":"2025-03-18T09:12:37","slug":"memecoin-index-plummets-90-in-three-months","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/memecoin-index-plummets-90-in-three-months\/","title":{"rendered":"Memecoin Index Plummets 90% in Three Months"},"content":{"rendered":"<p>The GMCI Meme index, tracked by <a href=\"https:\/\/www.theblock.co\/post\/346637\/memecoin-index-plunges-90-as-crypto-markets-retreat\">The Block<\/a>, has plunged 90% from its December peaks, indicating a cooling interest in such high-risk assets.<\/p>\n<p>At the end of last year, the metric showed a 550% increase, but by March its values had dropped to 80%.<\/p>\n<p>The largest assets in the index, such as SHIB, DOGE, <a href=\"https:\/\/u1f987.com\/en\/news\/pepe-meme-token-reaches-9-9-billion-market-capitalization\">PEPE<\/a>, and <a href=\"https:\/\/u1f987.com\/en\/news\/what-to-know-about-donald-trumps-memecoin-surge-supply-and-industry-impact\">TRUMP<\/a>, faced selling pressure from speculative traders who began to lock in losses en masse.<\/p>\n<p>Memecoins are characterized by their reliance on social media activity and community sentiment, yet they lack significant fundamental value drivers.<\/p>\n<p>The decline is not limited to the &#8220;funny coin&#8221; segment. All GMCI indices have shown a downturn since the beginning of 2025. The AI and GMCI30 metrics appear more resilient with smaller losses, while GMCI12 and DeFi are falling more sharply.<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/crypto-markets\/crypto-indices\/price-performance-gmci\/embed\" title=\"Price Performance of GMCI Indices\"><\/iframe><\/p>\n<p>The situation is exacerbated by macroeconomic instability, including rising tensions in global trade. In such conditions, investors are moving away from speculative assets to safer instruments.<\/p>\n<p>This is particularly evident in the case of the &#8220;memetoken factory&#8221; Pump.fun. Its daily revenue has fallen below $1 million, although the platform recently enjoyed multimillion-dollar earnings.<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/decentralized-finance\/dex-non-custodial\/pump-fun-revenue-daily\/embed\" title=\"Pump.fun Revenue (Daily)\"><\/iframe><\/p>\n<p>In February, Pump.fun <a href=\"https:\/\/u1f987.com\/en\/news\/pump-fun-faces-sharp-decline-in-production-capacity\">faced<\/a> a sharp reduction in the number of assets reaching listing on the decentralized Solana exchange Raydium. This occurred amid waning interest in memecoins and a deep market correction.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The GMCI Meme index, tracked by The Block, has plunged 90% from its December peaks, indicating a cooling interest in such high-risk assets. At the end of last year, the metric showed a 550% increase, but by March its values had dropped to 80%. The largest assets in the index, such as SHIB, DOGE, PEPE, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1145,1161],"class_list":["post-22170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-market-analysis","tag-memes"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/22170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=22170"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/22170\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/22169"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=22170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=22170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=22170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}