According to CoinMeta, and as reported by Bloomberg, a report on Coin Metrics indicates that the meme token reached its historical high 17.2 days after its first transaction. A quarter of the tokens peaked within 1.6 days, and thereafter, it took an average of 370 days for the tokens to fall 95% from their peak to a “dead” state. Only 3% of the meme tokens were able to return to their historical highs.