Meme Coin Bloodbath Today: Doge, Pump, Bonk and much more collapse due to double digits

Meme Coin Bloodbath Today: Doge, Pump, Bonk and much more collapse due to double digits

Tl; Dr.

  • Popular memes today (September 22) refused to several weeks of lows.
  • Memecore (M) is the only top-20 meme currency in the green, rising 1% to $ 2.55. It has risen more than 460% every month, now that the third largest meme currency is ranked, with analysts calling for goals between $ 3.40 and even a daring $ 10.

The meme coin sector takes a blow

Many of the leading cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and Hyperliquid (Hype), have On the way to the south Today (September 22) as a result of a significant correction. Countless meme coins were caught in the middle of the storm and registered even more substantial losses than the market leaders.

Dogecoin (Doge), the largest in the niche, placed a price fall of 10% on a scale from 24 hours to around $ 0.24, while the largest rival, Shiba Inu (Shib), slid with 6% to a 17-day low of $ 0.00001213.

Pump.Fun (pump) crashed by 16%in the past day, Pudgy Penguins (Pengu) dropped by 12%, while Bonk (Bonk) withdrew by 10%.

The total market capitalization of the Meme Coin sector collapsed to around $ 77 billion, or a decrease of 10% in a single day.

The only survivor

The only meme coin (part of the Top 20 Club), which has registered a small increase in the last 24 hours, is Memecore (M). The active, which has become a sensation in the cryptomarket lately, has risen only 1% and is currently traded at around $ 2.55.

The win on a monthly scale is much more impressive. M was shot up by more than 460% within that period, making well-known names such as Pepe, Trump, Floki, Wif and much more the second largest meme coin. Those who are curious to see what possible catalysts the rally of M may have fueled can read our special article here.

Toking remains the subject of optimistic price forecasts, in which some participants in the industry believe that the top still has to come. The X -user Sjuul | Altcryptogems recently described M Like “Just pushing a beast, getting higher and higher.”

He claimed that the actively “every fibonacci extension level broke in new heights”, a rally prediction to $ 3.40.

Crypto -monkey also broke in, sketch A rather ridiculous (at least from now on) target of $ 10. “Power is unreal,” they argued.

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