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October 16, 2026 1:38 am
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Memecoins reach their all-time highs an average of 17.2 days after first trading, Bloomberg reported. About 25% of all projects peaked within 1.6 days of trading, while the median time it took for prices to fall 95% from those highs and reach what is effectively a dead state was 370 days.
Only 3% of projects recovered their all-time highs, according to Bloomberg. The surge in newly launched tokens, short life cycles marked by sharp price spikes followed by sell-offs, and shifting attention toward AI and prediction markets are cooling speculative demand in the memecoin market.