The memecoin market reached a historic high of $150.6 billion in 2024, driven largely by Trump's re-election campaign, according to CoinGecko's 2025 Memecoin Report. Dogecoin (DOGE) remains the largest asset in the memecoin sector, holding a 47.3% market share, despite a shift in focus towards other tokens. Excluding DOGE, dog-themed memecoins still account for 39.5% of the market. The report highlights that as of early 2025, the United States and India are the most interested in memecoins. Among the top ten countries showing interest, only the U.S., Germany, and the Netherlands are developed nations. However, overall interest in memecoins has declined by 81.6% since the beginning of the year.