A Coin Metrics study of 150 Solana memecoins found that the hype around these assets is short-lived and comes at a high cost.
On average, the tokens peak in just 17 days and take about a year to lose more than 95% of their value.
Recovery is almost impossible: 81% plunged at least 90% from their all-time highs, and a mere 3.3% managed to revisit their peak.
Loss of interest is brutal, with active wallet retention falling below 7%, and most tokens never even having a second rally.
Since the analysis included only coins listed on exchanges, the actual liquidity and survival outlook is likely even more severe.
On average, the tokens peak in just 17 days and take about a year to lose more than 95% of their value.
Recovery is almost impossible: 81% plunged at least 90% from their all-time highs, and a mere 3.3% managed to revisit their peak.
Loss of interest is brutal, with active wallet retention falling below 7%, and most tokens never even having a second rally.
Since the analysis included only coins listed on exchanges, the actual liquidity and survival outlook is likely even more severe.
