MEXC's Memecoin Surge: 140% Q4 Growth, 240 New Projects

MEXC, a leading global cryptocurrency trading platform, has reported a significant surge in memecoin trading during the fourth quarter of 2024. The platform witnessed a 140% quarter-over-quarter increase in the overall trading volume of memecoins, both in Spot and Futures markets. The proportion of daily active users trading memecoins climbed to 35.8%, while the proportion of daily average trading volume more than doubled to 18.8%.

To enhance its memecoin trading services, MEXC launched the Meme+ zone on December 24, 2024. This dedicated zone proved highly successful, with approximately 124 popular memecoins listed within its first month of operation. This initiative generated significant momentum, leading to continued growth in memecoin trading activity on MEXC in January 2025. User engagement reached new heights, with the percentage of daily trading users increasing to 37.1%, while memecoins came to represent 25.9% of the platform’s average daily trading volume.

MEXC demonstrated strong market leadership in Q4 2024 by strategically focusing on the memecoin sector. The exchange successfully introduced more than 240 high-quality meme projects to its platform. The top 5 newly listed memecoins in 2024 achieved remarkable results, with their prices recording an average peak gain of over 8,700%. Standout performers KEKIUS and FWOG surpassed 10,000% gains. Market capitalization metrics were equally impressive, with the top 5 memecoins averaging peak gains of over 3,500%, notably led by PNUT which achieved an exceptional maximum gain of more than 7,000%.

To further enhance its asset offerings, MEXC recently introduced a new feature allowing users to search for trading pairs using contract addresses. This aims to help users identify target trading pairs more quickly and accurately, providing a more efficient trading experience and enhancing their overall journey. The feature enables users to input token contract addresses into MEXC’s global search or Spot trading search bar to accurately locate tokens, ensuring precision and providing users with enhanced security.