The United States has cemented its status as the world’s meme coin capital, capturing nearly 30% of global investor interest in November 2025. from CoinGecko reveals that while the broader market has collapsed by 81%, American traders have aggressively consolidated their dominance, leaving other developed nations behind.
shows the US ranked first, followed by India, Nigeria, Germany, Türkiye, Vietnam, the Netherlands, the Philippines, Brazil, and Indonesia. Together, these countries represent the core global audience engaging with meme coin related content.
CoinGecko said users from the United States accounted for roughly 30% of total meme coin page views in November 2025, making it the single largest source of interest.
At the start of the year, the United States and India each held close to a 20% share, but interest from US users steadily increased over time. The report said that under President Donald Trump, how meme coins are viewed within the country changed.
Growing clarity around crypto regulation appears to have encouraged broader participation in the United States.
Seven of the ten countries showing the highest interest in meme coins are emerging markets. CoinGecko said these regions together represent nearly 38% of total global interest.
Countries such as India, Nigeria, Vietnam, the Philippines, Brazil, and Indonesia continue to show strong engagement.
Among developed markets, only the United States, Germany, and the Netherlands appeared in the top ten.
After the original Dogecoin driven surge in 2021, the sector reached a new peak in 2024. Total memecoin market value climbed to a record $150.6 billion, supported by renewed interest in Dogecoin, the rise of Solana based tokens, and new launch platforms.
Daily trading activity also exploded. Average daily volume rose from $1.1 billion in 2023 to $9.7 billion in 2024, with peak days exceeding $80 billion after major exchange listings of popular tokens.
However in 2025, the overall interest in meme coins fell sharply in 2025, said CoinGecko. Total interest declined by 81.6% compared with the start of the year. The total meme coin market value also fell to about $47.2 billion by November 2025.
The report blamed controversial token launches and broader market fatigue as key reasons for the dropping demand of meme tokens.
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