In the first half of 2024, the market capitalization of non-launchpad memecoins accounted for over 99.9% of the total memecoin market capitalization. However, the user-friendliness and added visibility of launchpad memecoins have allowed new memecoins like FARTCOIN, MOTHER, and PNUT to attract mainstream attention.
The market capitalization of launchpad-based memecoins increased from 1.5% in July 2024 to a peak of 20.5% in January 2025. The trading volume of newly launched memecoins also rose significantly from an average daily level of $117.6 million in July 2024 to $1.2 billion in November 2025. However, it still only accounts for 20.5% of the total memecoin volume.
