From Coinpedia · By Rizwan Ansari
Story HighlightsDogecoin remains the largest memecoin but has fallen 91.50% from its all-time high.
Shiba Inu has dropped 95% from its peak as broader memecoin weakness continues.
PEPE, PENGU, TRUMP, BONK and FLOKI are also facing steep losses across the market.
The meme-coin market is losing its shine as investor interest fades and money moves toward Bitcoin. Its total market cap has fallen to around $23.95 billion, down 3.1% in the past 24 hours. Extreme fear and a crowded market are putting pressure on some of the biggest meme coins.
Advertisement Dogecoin, Shiba Inu, and Pepe are all down 90% from their peak, while other major meme coins are also trading lower.
DOGE, SHIB Lead the Memecoin Slide
Dogecoin remains the biggest meme coin, with a market cap of about $9.8 billion, nearly four times Shiba Inu’s. Yet even the sector leader is struggling. DOGE trades around $0.0629, down 91.50% from its $0.7399 peak.
Crypto chart analyst Ali Martinez noted that DOGE is approaching a bottom of a descending channel near $0.059 on a three day chart. If buyers defend that level, the token could move toward the channel’s middle near $0.074. A break below it could open the way toward $0.04.
That weakness is not limited to DOGE.
Shiba Inu, the second-largest meme coin, has fallen about 8% this week and remains 95% below its $0.0000885 peak. As of now, SHIB trades near $0.00000414.
Martinez noted that SHIB is nearing its bottom on its three-day chart. Thus, holding $0.0000041 could support a rebound toward $0.0000051, while a break below it could push SHIB toward $0.0000033 or $0.0000027.
PEPE Outperforms DOGE and SHIB
PEPE, the frog-themed meme coin, has performed better than DOGE and SHIB over the past month. PEPE gained 9.4%, while DOGE fell 21.6% and SHIB dropped 16.7%.
Despite this gain, PEPE is still trading around $0.00000429, down 85% from its all-time high of $0.00002836.
Martinez said PEPE is testing the lower edge of a symmetrical triangle. If it holds, the price could rise toward $0.0000054. However, a break below this level could send it down to $0.0000032.
Other Memecoins Are Also Losing Their Spark
The weakness extends beyond the biggest names. Pump.fun’s PUMP is down 63% from its $0.0089 peak and trades near $0.00329, pressured by supply dilution, weaker meme trading activity, and competition from other launchpads.
Pudge Pengu is also facing heavy losses despite being one of the better-known newer meme tokens. It has fallen 91.69% from its all-time high of $0.07 to around $0.005816.
The Official Trump (TRUMP) token has also collapsed, trading near $1.12 and down more than 98.70% from its early 2025 peak of $77.4.