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>>Alternative crypto assets plunge to their 2025 lows as meme coins lose $5 billion and NFTs drop 43%

Alternative crypto assets plunge to their 2025 lows as meme coins lose $5 billion and NFTs drop 43%

crypthub

2 days ago

Crypto Market Downturn

Alternative crypto assets suffered one of the sharpest falls of 2025, with total market value dropping to $2.99 trillion—a 2.2% daily loss and $800 billion erased in three weeks. Bitcoin slid to $85,023, down nearly 15% for the week, while Ethereum hovered near $2,785, mirroring similar losses. Major tokens such as Solana and BNB also posted double‑digit weekly declines, extending a multi‑week correction across the sector.

Meme Coin Collapse

Meme coins led the sell‑off, with their market cap falling to $39.4 billion, a 66% drop from the January peak of $116.7 billion. Dogecoin, Shiba Inu, Pepe, Bonk and Floki each fell between 14% and 21% over the week, despite a 40% surge in trading volume. Only the Official Trump token and SPX6900 showed brief resilience, the latter posting a 14% weekly gain.

NFT Market Decline

The global NFT market cap slumped 43% to $2.78 billion, its lowest level since April and over 80% below the early‑2022 peak. Leading collections such as Hyperliquid’s Hypurr, Moonbirds and CryptoPunks lost between 27% and 41% in the past month, while trade volume slipped to $3.99 million in 24 hours. Ethereum still handled 62% of NFT transactions, but platforms like OpenSea have rebranded as multi‑chain aggregators after a 90% drop in NFT volumes since 2021.

Alternative crypto assets plunge to their 2025 lows as meme coins lose $5 billion and NFTs drop 43%

Crypto Market Downturn

Meme Coin Collapse

NFT Market Decline

Alternative crypto assets plunge to their 2025 lows as meme coins lose $5 billion and NFTs drop 43%