BlockBeats news, on November 21, the Meme coin market fell to its lowest valuation in 2025, with a total market capitalization dropping to $39.4 billion, evaporating over $5 billion within 24 hours, a decline of about 66.2% from the historical high of $116.7 billion set on January 5. The top Meme tokens suffered heavy losses across the board, with the top ten Meme coins showing declines in the past hour, 24 hours, and 7 days. DOGE and SHIB recorded double-digit drops, while TRUMP had the smallest decline, still falling by 11.65%. The total market capitalization of NFTs today dropped to $2.78 billion, down 43% from $4.9 billion 30 days ago, marking the lowest point since April. Over the past 30 days, most of the top ten NFT series recorded double-digit declines, with the largest drop being 41.1% from the Hyperliquid Hypurr NFT series. Additionally, Moonbirds fell by 32.7%, CryptoPunks fell by 27.1%, and Pudgy Penguins dropped by approximately 26.6%. Simultaneously, the total market capitalization of the entire crypto market declined from $3.77 trillion on November 1 to $2.96 trillion, evaporating $800 billion in three weeks.
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