PANews reported on November 16 that according to Cryptoslate, Artemis data showed that the average return rate of Memecoins in the past 30 days was 103%, more than 6 times higher than the average return rate of 16.1% in the crypto market. Among the 19 Memecoins tracked by Artemis, DOGE and PEPE rose the most, increasing by 196.1% and 115% respectively. At the same time, BONK rose by 70.2% and BRETT rose by 63.5%.

Notably, many memecoins associated with the US election plunged in the days following the presidential election, including MAGA (TRUMP), which has fallen 72% in the past 30 days. According to market insight platform Kaito AI, as of November 14, memecoins accounted for nearly 24% of investors' attention. A quarter of cryptocurrency investors posting on X are discussing memecoins.