Memecoin adoption varies dramatically by region. In November 2025, US-based audiences dominated memecoin engagement, accounting for roughly 30% of all page views—a notable jump from approximately 20% at the beginning of the year. This growing dominance reflects intensifying retail interest in the sector.

However, the broader memecoin market tells a different story. Year-to-date interest has contracted significantly by 81.6%, a decline that mirrors the collapse in overall memecoin market capitalization. This pullback suggests that while US audiences remain the primary driver of memecoin activity, the asset class itself is experiencing substantial headwinds across global markets. The data highlights both concentrated geographic momentum and category-wide weakness.