Memecoin dominance slides to around 0.04 in 2025 as sector-wide slump deepens

Memecoin dominance in the altcoin market fell from above 0.11 in late 2024 to around 0.04 in 2025, matching lows last seen in 2022, according to CryptoQuant and CoinGecko. Dog-themed, Solana-based and AI-focused tokens have all reversed from their late-2024 and early-2025 peaks. The synchronized declines point to a broad retreat in speculative retail activity rather than a brief cooldown.