- Crypto markets plummeting, PEPE and BONK amid worst performers
- WIF, FLOKI misplaced positions in prime 100
Because the cryptocurrency section is dropping worth at present, the meme cash vertical is affected essentially the most. All the most important meme cryptocurrencies are within the pink at present with Pepe (PEPE) and Bonk (BONK) posting devastating double-digit losses. Some earlier spotlights of the sphere misplaced their positions within the prime 100.
Crypto markets plummeting, PEPE and BONK amid worst performers
In the present day, on Could 31, 2025, the cryptocurrency section is beneath fireplace. The aggregated market capitalization erased $147 billion in simply 24 hours. Meme cryptocurrencies are feeling the worst ache. Pepe (PEPE), the most important frog coin, is down by 12.1% at present, CoinGecko information says.
PEPE’s value dropped to multi-week lows at $0.0000113. PEPE market capitalization plummeted beneath $4.7 billion. PEPE is now down by 60% in comparison with its all-time excessive registered Dec. 6, 2024.
SPX6900 (SPX), the most well-liked meme coin of Murad Mahmudov’s portfolio, is down by 13%. The SPX value dipped to $0.9595, hitting an area low.
The Bonk (BONK) cryptocurrency’s value plummeted to $0.00001587, dropping 10.3% in a single day. On shrinking buying and selling quantity, Bonk’s (BONK) capitalization plunged to $1.29 billion.
The biggest meme cash, Dogecoin (DOGE) and Shiba Inu (SHIB), are additionally dropping worth at present. Dogecoin’s (DOGE) value plunged to $0.189, dropping 7.8% in a single day. Shiba Inu (SHIB), the second largest meme coin, noticed its value drop to $0.00001254.
WIF, FLOKI misplaced positions in prime 100
The web capitalization of the meme coin section is down by 12%. Inside this vertical, the worst-performing courses are frog-themed meme cash (16.1% misplaced in 24 hours), Murad Mahmudov’s meme cash (16% misplaced) and Solana-based meme cryptos (13.8%).
Additionally, a number of the top-league meme cash have already misplaced their spots within the prime 100. Dogwifhat (WIF), a pioneering main stablecoin on Solana (SOL), plunged by 18.6%. From 10-digit waters, WIF’s capitalization dropped to $818 million in simply 24 hours.
Floki (FLOKI), one other huge group meme coin, hit $0.00008003 after dropping 13.5% in 24 hours. Primarily based Brett (BRETT) plummeted to $0.0501 with 14.5% misplaced in a single day.
Bitcoin (BTC) and Ethereum (ETH), the 2 largest cryptocurrencies, are down by 1.5% and a pair of.5%, respectively. Bitcoin (BTC) is making an attempt to remain above the $2 billion capitalization.