**Looked Down Upon, Memecoins Are Apparently Popular in Indonesia**
According to the latest data from CoinGecko, the 2025 State of Memecoins Report, Indonesia has become one of the countries with the highest interest in memecoin digital assets at around 22.6% as of last November. This figure places Indonesia on par with several major countries such as the US, India, Nigeria, Germany, Turkey, and the Netherlands.
For your information, Dogecoin $DOGE remains the largest memecoin in the world, covering 47.3% of the market share, even though investor attention continues to shift toward several new projects. Even though $DOGE has weakened, memecoins with similar themes are still in demand.
However, apart from all that, overall interest in memecoins has continued to decline since the beginning of this year, with a decrease of 81.6%, which also reflects the overall decline in the market capitalization of memecoins.
Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).
