MEXC, a cryptocurrency exchange, released data on token listings and trading for the first two months of 2025. The report highlights strong interest in memecoins despite overall market volatility.
Demand for Memecoins
In January and February, memecoins accounted for 50% of all new tokens on MEXC. Out of 451 new listings, 245 were memecoins, reflecting growing investor appetite for such assets.
Growth of New Tokens
Average peak increases for new tokens rose from 388% in January to 660% in February. TST surged by 4,792%, while ELONSOL increased by 1,128%. Among the top 10 new tokens by trading volume, seven were launched in February, indicating continuous demand for promising listings despite a quieter market in January.
Success of TRUMP Token
The TRUMP token dominated the market, accounting for over 45% of total trading volume for new tokens. It attracted significant market liquidity and investor interest, solidifying its status as a top-performing asset.
MEXC's latest data highlights the enduring demand for trendy tokens and social trends, particularly among memecoins. The exchange continues to offer unique opportunities for traders with its deep liquidity and diverse listings.