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<ul class="news-points">
 <li>The meme coin market faces double-digit losses, reflecting the broader crypto sector’s bearish trend.</li>
 <li>DOGE and SHIB hit significant lows, raising concerns about future support levels.</li>
 <li>PEPE, WIF, and BONK continue to decline, struggling amidst widespread sell-off pressure.</li>
</ul>
The once vibrant and humorous world of meme coins has taken a severe hit as SHIB, DOGE, PEPE, WIF, and BONK prices plummet. Fueled by internet culture and viral trends, these digital tokens have seen their market values nosedive, resulting in double-digit losses for the Meme Coin Index.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcWLaN3wj1Tt1YgyBTZjAvpi3i_7p78u7DjPd9YfvaLtKVy6Kc1TYA0zyjHNsurRHUhCszpHpI-qIgGlw5iPTGxJuVBz7ysqhSxKFVtztTZk06QK4HbMB59LLy34vR7c8CvkKvGOARfFhy-3NizhjtDMRjB?key=_1oKIVwEdpnHp9Ql7-4aNQ" alt="">
</figure>
Source: <a href="https://coinmarketcap.com/view/memes/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>
This sharp decline reflects a broader bearish sentiment sweeping through the crypto sector, raising critical questions about the sustainability and future of meme-based currencies. The downturn is not limited to meme coins alone, as major altcoins have also experienced significant declines.
For instance, Bitcoin dipped over 3% today as it retested the $58.3K mark, while Ethereum saw a 4.69% slump, stabilizing above the $3.2K mark.
<h2 class="wp-block-heading" id="h-shib-and-doge-prices-in-bloodbath">SHIB and DOGE Prices in Bloodbath</h2>
Amid the broader market’s bearish sentiment, Shiba Inu’s SHIB and Dogecoin’s DOGE tokens have significantly d…
The post <a href="https://coinedition.com/double-digit-losses-hit-meme-coin-index-amid-bearish-crypto-sentiment/" rel="noopener noreferrer nofollow">Double-Digit Losses Hit Meme Coin Index Amid Bearish Crypto Sentiment</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Double-Digit Losses Hit Meme Coin Index Amid Bearish Crypto Sentiment

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