Key Takeaways
When the crypto market thrived in late 2024, memecoins were, in many cases, leading the way. So far, 2025 hasn’t been quite so kind to either memecoins or the crypto market as a whole, but there have been some notable performers among the more speculative crypto assets.
Today, let’s take a look at three of January 2025’s best-performing memecoins in the top 200 cryptocurrencies by market capitalization.
Where else can we start but with the man of the moment and his very own crypto token? Love him or loathe him, Donald Trump has been in the general news headlines in January, with the start of his second term as U.S. President taking center stage.
However, we are talking about him right now because, earlier this month, he cemented his u-turn on cryptocurrency , launching his very own memecoin.
Official Trump came out on Jan. 18, peaked at above $70 the following day, and slumped – the president admitting he “didn’t know much ” about the Solana-based memecoin would not have helped matters – to trade at a little over $25 on Jan. 31.
However, considering the token didn’t even exist at the start of 2025, its place in the top 40 cryptocurrencies with a market cap of more than $5 billion is not to be sniffed at.
After that little foray into the world of celebrity and political memecoins, let’s look at something a little more traditional.
The TOSHI token has existed since the summer of 2023 and has, frankly, been lost in a crowded market. However, things turned around for TOSHI in January 2025.
The crypto latched on to a renewal of interest in memecoins on the BASE Layer-2. It had a rather successful month, shooting up by 800% from around $0.0001255 at the start of the year to about $0.00113 by Jan. 31, giving it a market cap of about $475 million and putting it in the top 200 cryptos.
Regarding memecoins that were already established when 2025 started, SPX6900 is the best-performing cryptocurrency in the top 100.
Launched in the summer of 2023, it is based on the Ethereum blockchain and claims to be more powerful than the S&P 500 index.
While this sort of foolishness, combined with an unhealthy dose of conspiracism, is, sadly, all too common in the crypto world, what can’t be denied is that SPX had a pretty good month in January.
It started the year at about $0.8696 and closed at around $1.20, a rise of just under 50%, giving it a market cap of around $1.2 billion.