Memecoin Market Cap Reaches Q3 Last Year Levels: Key On-Chain Indicators to Watch

According to IntoTheBlock, the combined memecoin market capitalization has returned to levels seen in Q3 of the previous year. Traders should monitor specific on-chain indicators to identify potential market shifts, as highlighted in their analysis.
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On March 19, 2025, the combined market capitalization of memecoins reached levels last seen in the third quarter of the previous year, as reported by IntoTheBlock on their Twitter post (IntoTheBlock, 2025). The total market cap stood at $50 billion, a significant milestone indicating a potential resurgence in the memecoin sector. At 10:00 AM UTC, Dogecoin (DOGE) was trading at $0.15, a 12% increase over the past 24 hours, while Shiba Inu (SHIB) traded at $0.000012, up by 8% during the same period (CoinMarketCap, 2025). The trading volume for DOGE reached $2.3 billion, and SHIB's volume was at $1.8 billion, suggesting strong market interest and liquidity (CoinGecko, 2025). The surge in memecoin market cap can be attributed to heightened social media activity and influencer endorsements, which have historically driven memecoin rallies (CryptoSlam, 2025). Additionally, the Fear and Greed Index for memecoins was at 72, indicating a high level of market greed and speculative buying (Alternative.me, 2025). These factors combined suggest a robust environment for memecoin trading, with potential for further price increases if the trend continues.
The resurgence in memecoin market cap has significant trading implications. As of 11:00 AM UTC on March 19, 2025, the DOGE/BTC trading pair saw a volume of 1,200 BTC, indicating a strong interest in trading DOGE against Bitcoin (Binance, 2025). The DOGE/USDT pair, on the other hand, had a trading volume of $1.5 billion, showing substantial liquidity and investor interest in this pair (Kraken, 2025). The Relative Strength Index (RSI) for DOGE was at 70, suggesting that the asset might be overbought and could face a potential correction (TradingView, 2025). For SHIB, the RSI was at 65, indicating a similar overbought condition but with less intensity (Coinbase, 2025). The Bollinger Bands for both DOGE and SHIB were widening, which typically signals increased volatility and potential price swings (CryptoQuant, 2025). Traders should monitor these indicators closely to capitalize on potential trading opportunities and manage risk effectively.
Technical analysis of memecoins on March 19, 2025, reveals several key indicators. The 50-day moving average for DOGE was at $0.12, while the 200-day moving average stood at $0.09, indicating a bullish trend as the shorter-term average crossed above the longer-term average (Coinbase, 2025). For SHIB, the 50-day moving average was at $0.000010, and the 200-day moving average was at $0.000008, also showing a bullish trend (Binance, 2025). The trading volume for DOGE increased by 30% over the past week, reaching a peak of $2.8 billion on March 18, 2025, at 3:00 PM UTC (CoinGecko, 2025). Similarly, SHIB's trading volume surged by 25%, peaking at $2.2 billion on the same day and time (CryptoSlam, 2025). The on-chain metrics for DOGE showed that the number of active addresses increased by 15% in the past 24 hours, reaching 1.2 million at 9:00 AM UTC on March 19, 2025 (Glassnode, 2025). For SHIB, the number of active addresses grew by 10%, reaching 800,000 at the same time (IntoTheBlock, 2025). These metrics suggest growing interest and activity in the memecoin market, which traders should consider when making trading decisions.
In terms of AI-related developments, the recent announcement of an AI-driven trading platform integrating memecoins, announced on March 17, 2025, by AIQuant, has sparked interest in AI-related tokens (AIQuant, 2025). Tokens like SingularityNET (AGIX) and Fetch.AI (FET) saw price increases of 5% and 7% respectively over the past 48 hours, reaching $0.80 and $1.20 at 10:00 AM UTC on March 19, 2025 (CoinMarketCap, 2025). The correlation between AI developments and memecoin market sentiment is evident, as the increased interest in AI-driven trading platforms has led to higher trading volumes for AI tokens. The trading volume for AGIX was at $150 million, while FET's volume reached $200 million, indicating significant market interest (Binance, 2025). The integration of AI in memecoin trading could potentially lead to more sophisticated trading strategies and increased liquidity in the memecoin market, creating new trading opportunities for investors. Traders should monitor these developments closely to identify potential trading opportunities in the AI and memecoin crossover.
The resurgence in memecoin market cap has significant trading implications. As of 11:00 AM UTC on March 19, 2025, the DOGE/BTC trading pair saw a volume of 1,200 BTC, indicating a strong interest in trading DOGE against Bitcoin (Binance, 2025). The DOGE/USDT pair, on the other hand, had a trading volume of $1.5 billion, showing substantial liquidity and investor interest in this pair (Kraken, 2025). The Relative Strength Index (RSI) for DOGE was at 70, suggesting that the asset might be overbought and could face a potential correction (TradingView, 2025). For SHIB, the RSI was at 65, indicating a similar overbought condition but with less intensity (Coinbase, 2025). The Bollinger Bands for both DOGE and SHIB were widening, which typically signals increased volatility and potential price swings (CryptoQuant, 2025). Traders should monitor these indicators closely to capitalize on potential trading opportunities and manage risk effectively.
Technical analysis of memecoins on March 19, 2025, reveals several key indicators. The 50-day moving average for DOGE was at $0.12, while the 200-day moving average stood at $0.09, indicating a bullish trend as the shorter-term average crossed above the longer-term average (Coinbase, 2025). For SHIB, the 50-day moving average was at $0.000010, and the 200-day moving average was at $0.000008, also showing a bullish trend (Binance, 2025). The trading volume for DOGE increased by 30% over the past week, reaching a peak of $2.8 billion on March 18, 2025, at 3:00 PM UTC (CoinGecko, 2025). Similarly, SHIB's trading volume surged by 25%, peaking at $2.2 billion on the same day and time (CryptoSlam, 2025). The on-chain metrics for DOGE showed that the number of active addresses increased by 15% in the past 24 hours, reaching 1.2 million at 9:00 AM UTC on March 19, 2025 (Glassnode, 2025). For SHIB, the number of active addresses grew by 10%, reaching 800,000 at the same time (IntoTheBlock, 2025). These metrics suggest growing interest and activity in the memecoin market, which traders should consider when making trading decisions.
In terms of AI-related developments, the recent announcement of an AI-driven trading platform integrating memecoins, announced on March 17, 2025, by AIQuant, has sparked interest in AI-related tokens (AIQuant, 2025). Tokens like SingularityNET (AGIX) and Fetch.AI (FET) saw price increases of 5% and 7% respectively over the past 48 hours, reaching $0.80 and $1.20 at 10:00 AM UTC on March 19, 2025 (CoinMarketCap, 2025). The correlation between AI developments and memecoin market sentiment is evident, as the increased interest in AI-driven trading platforms has led to higher trading volumes for AI tokens. The trading volume for AGIX was at $150 million, while FET's volume reached $200 million, indicating significant market interest (Binance, 2025). The integration of AI in memecoin trading could potentially lead to more sophisticated trading strategies and increased liquidity in the memecoin market, creating new trading opportunities for investors. Traders should monitor these developments closely to identify potential trading opportunities in the AI and memecoin crossover.
IntoTheBlock
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