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

Generated by AI AgentCoin World
Tuesday, Jan 28, 2025 10:03 am ET1min read
MXC--

MEXC, a leading global digital asset trading platform, has reported significant growth in memecoin trading during the fourth quarter of 2024. The platform witnessed a 140% quarter-over-quarter surge in the overall trading volume of memecoins, including both 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. The 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, successfully introducing more than 240 high-quality meme projects to its platform. The exchange’s careful project selection proved highly successful, with the top 5 newly listed memecoins in 2024 achieving remarkable results – their prices recorded an average peak gain of over 8,700%, while 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 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.

In a move to enhance platform functionality, MEXC has introduced a new contract address search feature for trading pairs, enabling users to locate specific trading pairs with greater precision and speed. This enhancement streamlines the trading process, making it more efficient for users to find and access their

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