Shiba

The First Youtube Cat

Pepe

Shiba Inu

Pepe (PEPE), Dogwifhat (WIF) and Shiba Inu (SHIB) all plummeted over the past 24 hours as meme coins flashed crashed to erase a chunk of their weekly gains. 
Overall, the capitalization for the <a href="https://coinmarketcap.com/view/memes/">meme coin market</a> plummeted over 8% to stand at a $62.65 billion as of 3:40 a.m. EST. This was after the largest meme coin by market cap, Dogecoin (DOGE), suffered a more than 4% loss, pulling its weekly performance into the red. 
<img decoding="async" src="https://s.yimg.com/ny/api/res/1.2/hoOUsngrlF30U1JbVnOrRw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTM2MA--/https://media.zenfs.com/en/Benzinga/1e21c348fcc2db2615061e4e3e26cd79" alt="Meme Coins - Jackpots and Gambles In the Wild World Of Crypto"> 
<h2 id="span-style-font-weight-400-all-of-the-leading-meme-coins-crash-span">All Of The Leading Meme Coins Crash</h2> 
Cat in a Dogs world (MEW) was the biggest loser in the top 10 meme coin list after it shed more than 21% of its value. Meanwhile, Solana meme coin Bonk (BONK) recorded the second largest 24-hour loss with a 20% plunge. 
<a href="https://insidebitcoins.com/news/5-best-cheap-crypto-to-buy-now-under-1-cent-may-29-gala-pepe-nervos-network-ecash">PEPE</a>, WIF, FLOKI, Book of Meme (BOME) and Memecoin (MEME) all took a double-digit blow to their respective prices. Only <a href="https://insidebitcoins.com/news/doggotothemoon-price-price-prediction-dog-pumps-40-as-meme-coins-go-ballistic-and-this-ai-meme-coin-zooms-towards-4m">DOG•GO•TO•THE•MOON </a>(DOG) was able to escape the onslaught by sellers unscathed. DOG broke away and posted a gain higher than 18%, boosting its impressive weekly streak to above 59%. 
<h2 id="span-style-font-weight-400-traders-might-seek-refuge-in-small-cap-meme-coins-span">Traders Might Seek Refuge In Small-Cap Meme Coins</h2> 
Many smaller-cap meme coins were able to print gains amid the meme coin selloff. Cryptos such as Optimus AI (OPTI), The First Youtube Cat (PAJAMAS) and Super Trump (STRUMP) saw their prices rise 15%, 6% and 46%, respectively. 
Presales might also provide some much-needed shelter from the bearish storm. New dog-themed meme coin <a href="https://insidebitcoins.com/visit/playdoge" rel="nofollow">PlayDoge</a> (PLAY) could keep pulling investors in after it raised $200k within minutes of its ICO going live this week.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Bout to drop a bunker buster on these durka durkas <a href="https://twitter.com/hashtag/freedom?src=hash&amp;ref_src=twsrc%5Etfw">#freedom</a>! 💥🇺🇸 
 Show some support for <a href="https://twitter.com/hashtag/Sealana?src=hash&amp;ref_src=twsrc%5Etfw">#Sealana</a> by sending <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SOL</a>, and fuel the war on terrorism! 🪖🦭<a href="https://twitter.com/hashtag/TeamAmerica?src=hash&amp;ref_src=twsrc%5Etfw">#TeamAmerica</a> <a href="https://twitter.com/hashtag/TopGun?src=hash&amp;ref_src=twsrc%5Etfw">#TopGun</a> <a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw">#Presale</a> <a href="https://t.co/LlcXgMVzrq">pic.twitter.com/LlcXgMVzrq</a> 
 — Sealana (@Sealana_Token) <a href="https://twitter.com/Sealana_Token/status/1795854474856054999?ref_src=twsrc%5Etfw">May 29, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Analysts also speculate that Solana meme coin <a href="https://insidebitcoins.com/visit/sealana" rel="nofollow">Sealana</a> (SEAL) might be the best “degen play” currently available in the market after it raised more than $3 million. 
Another hot presale liked by some analysts is the AI meme coin <a href="https://insidebitcoins.com/visit/wienerai" rel="nofollow">WienerAI</a> (WAI), which is about to blast past $3.5 million in funds raised.&nbsp; 
<h3 id="span-style-font-weight-400-related-articles-span">Related Articles:</h3> 
<ul> 
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-playdoge">How to Buy PlayDoge – $PLAY Presale Review</a></li> 
 <li style="font-weight: 400"><a href="https://www.linkedin.com/pulse/upcoming-crypto-presales-unlock-early-investment-calsona-plu5e/">Upcoming Crypto Presales: Unlock Early Investment Opportunities!</a></li> 
 <li style="font-weight: 400"><a href="https://insidebitcoins.com/news/shiba-inu-flips-cardano-with-a-17-surge-to-become-10th-biggest-crypto-as-meme-coin-mania-returns">Shiba Inu Flips Cardano With A 17% Surge To Become 10th-Biggest Crypto As Meme Coin Mania Returns</a></li> 
 <li style="font-weight: 400"><a href="https://insidebitcoins.com/news/cheems-cheems-coin-price-surges-as-dogeverse-prepares-for-token-launch">Cheems (CHEEMS) Coin Price Surges as Dogeverse Prepares for Token Launch</a></li> 
</ul>

Meme Coins Flash Crash As Pepe, Dogwifhat, And Shiba Inu Plunge Amid 8% Sector Slump

Table of Contents

Inside Bitcoins

Other articles published on May 30, 2024

BRICS: The US Dollar in danger, here’s why according to JP Morgan!

BlackRock’s S-1 Filing Update Fuels Hopes for July Launch of Spot Ethereum ETFs

Qubetics Whitelist, Chainlink, or Litecoin: Who Would You Join to Cash in on the Biggest ROI?

Turkey Implements Cryptocurrency Regulations

Bitfinex Analyst Says EU Elections Could Be Make-or-Break Moment for Crypto Here’s Why

Cardano Price Slumps 2% As ADA Battles Shiba Inu And Toncoin For Top 10 Crypto Ranking And This N...

Join our free newsletter for daily crypto updates!