Best Performing Crypto Sectors This Week: Memecoins Top List

Key Takeaways

• Memecoins rose more than 25% last week.
• Meanwhile, Wallet Tokens shot up, climbing more than 20% in seven days.
• DePIN Tokens, Gaming Utility Tokens, and Decentralized Exchange-related cryptos also increased. 

Cryptocurrency isn’t just about the blockchain and, well, cryptocurrency.

It’s also about different kinds of cryptocurrency. Look at some of the biggest crypto categories and see how they’ve performed over the last week. 

Memecoins – Up 26%

Memecoins are cryptocurrencies that, ultimately, serve as parodies of crypto and the hype surrounding it. Spearheaded by Dogecoin (DOGE), they usually serve little to no purpose but have become increasingly popular thanks, in part, to the potential for both profit and loss.

There is an argument that a healthy memecoin sector is a sign of a healthy overall crypto market, with memecoins up 26%% to $74.8.1 billion in the seven days to Friday, Oct. 25.

With the likes of Goatseus Maximus (GOAT), SPX6900 (SPX), and Cat In A Dogs World (MEW) enjoying double-figure weekly rises, that would suggest crypto is in a good place right now.

Wallet Tokens – Up 20.2%

Everyone who trades crypto needs a wallet to keep their cryptocurrencies safe. These virtual wallets usually have their own cryptos which help run their platforms.

Last week, Wallet Tokens performed pretty well, rising more than 20% to a total market cap of $1.9 billion, with SAFE leading the charge.

This crypto climbed around 70% thanks to a South Korean Upbit exchange listing .

DePIN – Up 19%

Decentralized Physical Infrastructure Networks, or DePIN for short, allow blockchain technology to interact with physical infrastructure in industries such as storage, communications, and energy.

Becoming one of this year’s crypto buzz sectors, DePIN coins and tokens enjoyed a very good week last week, with a rise of almost 20% to $26.9 billion. Helium (HNT) enjoyed a good week, climbing by 18%.

However, all eyes were on the rather more obscure Nosana (NOS), which shot up more than 60% as interest built ahead of its January 2025 mainnet launch . 

Gaming Utility Tokens – Up 13.6%

The world of crypto gaming is not without its fans, and with the entire concept of crypto gaming having a rather broad definition, it hasn’t been difficult to find Gaming Utility Tokens that have climbed.

The entire sector shot up more than 13% this week to $3.3 billion.

The category’s rise was due in no small part to ApeCoin’s success. This token climbed by more than 50% following the launch of the ApeChain Layer-3 scaling solution . 

Decentralized Exchanges (DEX) – Up 7.2%

Decentralized exchanges, or DEXes, are places where people can buy, sell, and trade crypto. They differ from traditional, centralized exchanges in that they don’t have a centralized authority setting prices and listing coins and tokens.

DEXes allow people to list whichever tokens they want at whatever price they think someone will pay. Last week, DEXes had a pretty good week, jumping more than 7% to $17.6 billion.

Among the biggest gainers was Jupiter (JUP), which climbed more than 12% as the market rallied.