Top 10 Meme Coins Plummet 63.7% from Peak Over the Past Year

By CryptoTale
18 days ago
DOGE SHIB DOBO PEPECOIN WIF BOME BRETTA POPCAT

The meme coin market has witnessed a substantial decline over the past year, with the top 10 meme coins experiencing an average drop of 63.73% from their peak values. According to data from Lookonchain, these coins have seen their values diminish significantly, reflecting the volatile nature of the cryptocurrency market.

Dogecoin (DOGE), the most well-known meme coin, has dropped by 57.93% from its peak of $0.2266 to a price of $0.0953 at press time. Despite this decline, DOGE remains one of the better-performing meme coins in comparison to others.

Shiba Inu (SHIB), another popular meme coin, has seen a steeper fall. Its price decreased by 70.86% from its peak of $0.00004534 to $0.00001325 at press time. This sharp decline indicates the challenges meme coins face in maintaining their market value.

Pepe (PEPE) has also suffered a significant loss, dropping by 58.16% from its peak price of $0.00001718 to its value of $0.000007235 at press time. Dogwifhat (WIF) experienced one of the largest drops, falling by 70.93% from $4.85 to its price of $1.41 at press time.

Related: https://cryptotale.org/meme-coin-market-cap-drops-trading-volume-surges-doge-and-shib-lead/

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