PEPE

Shiba Inu

Mog Coin

Coin

The meme coin bloodbath continued as the sector’s market capitalization plunged over 5% in the past day, with market titans Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) all suffering losses.
The DOGE price tumbled more than over 3% in the last 24 hours to trade at $0.1162 as of 3:50 a.m. EST, while dog-themed rival SHIB dropped by an identical amount. <a href="https://insidebitcoins.com/news/pepe-price-prediction-pepe-plummets-13-in-a-week-but-this-layer-2-pepe-upgrade-races-towards-7-million" rel="noopener noreferrer nofollow">PEPE</a> plummeted 5%, taking its weekly loss to 15%.
<h2 id="span-style-font-weight-400-top-5-meme-coins-hit-in-latest-meme-coin-bloodbath-span">Top 5 Meme Coins Hit In Latest Meme Coin Bloodbath</h2>
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<img decoding="async" class="alignnone wp-image-559732" src="https://insidebitcoins.com/wp-content/uploads/2024/08/Screenshot-2024-08-02-095106-300x140.png" alt="meme coin bloodbath" width="795" height="371" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/Screenshot-2024-08-02-095106-300x140.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/Screenshot-2024-08-02-095106-1024x477.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/Screenshot-2024-08-02-095106-768x358.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/08/Screenshot-2024-08-02-095106-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/08/Screenshot-2024-08-02-095106-83x40.png 83w, https://insidebitcoins.com/wp-content/uploads/2024/08/Screenshot-2024-08-02-095106.png 1056w" sizes="(max-width: 795px) 100vw, 795px">
Top 5 meme coins by market cap (Source: <a href="https://www.coingecko.com/en/categories/meme-token" rel="noopener noreferrer nofollow">CoinGecko</a>)
<h2 id="span-style-font-weight-400-wif-suffers-the-most-with-a-27-weekly-plunge-span">WIF Suffers The Most With A 27% Weekly Plunge</h2>
PEPE”s dismal weekly performance was, however, overshadowed by Dogwifhat (WIF), which has plunged more than 27% over the same timeframe. This comes after it also registered the biggest 24-hour loss of the top 5 meme coins, with its price falling over 6%.
Nine of the other top 10 biggest meme coins also fell victim to the continued selloff. Mog Coin (MOG) dived 16% in the last 24 hours, while Book of Meme (BOME) and Brett (BRETT) plummeted 9% and 5%, respectively. Investors also decreased exposure to FLOKI and Bonk (BONK).
Only <a href="https://insidebitcoins.com/news/popcat-price-prediction-popcat-pumps-6-as-this-p2e-doge-derivative-charges-towards-6-million" rel="noopener noreferrer nofollow">POPCAT</a> (POPCAT) emerged unscathed among the top 10 meme coins, posting a gravity-defying 6% gain.
<h2 id="meme-coin-presales-defy-gravity">Meme Coin Presales Defy Gravity</h2>
With meme coins continuing to bleed, investors might turn to presale tokens, which have huge upside potential while providing shelter from market turbulence before they are listed.
<a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">Pepe Unchained (PEPU)</a> and&nbsp;<a href="https://insidebitcoins.com/visit/wienerai" rel="noopener noreferrer nofollow">WienerAI (WAI)</a> are among meme coin ICOs that continue to accumulate funds at a rapid pace, despite the meme coin market bloodbath. 
PEPU now stands at more than $6.8 million in funds raised while WAI has stormed past $9 million as it offers a last chance to buy before its listing on August 5
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 That feeling when you are in the Pepe Unchained Presale 🐸🙃 <a href="https://t.co/2yzu5NnMJd" rel="noopener noreferrer nofollow">pic.twitter.com/2yzu5NnMJd</a>
 — Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1818418157998293241?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 30, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/bitwise-says-investors-not-bullish-enough-on-crypto-after-donald-trump-u-turn-kamala-harris-outreach" rel="noopener noreferrer nofollow">Bitwise Says Investors “Not Bullish Enough” On Crypto After Donald Trump U-Turn, Kamala Harris Outreach</a></li>
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Meme Coin Bloodbath Continues As DOGE, SHIB, And PEPE All Plunge

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