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Meme Coins in Red Today, Here's Who Suffers Most

source-logo  u.today 01 July 2025 19:07, UTC
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While the entire cryptocurrency market is down today, some of the largest cryptocurrencies are under fire. While Dogecoin ($DOGE), Bonk ($BONK) and Pepe ($PEPE) are all losing value, some smaller meme coins are struggling to join the elite league.

$DOGE, $BONK, $PEPE bleeding today

Today, July 1, 2025, cryptocurrency segment is down, with capitalization losing 2.6% overnight. Meme cryptocurrencies are among worst victims: Murad's meme coins and cat-themed cryptos are down by 13.1% and 10.8%. These are only two categories posting double-digit losses today.

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The largest meme cryptos are also under fire. The Dogecoin ($DOGE) price slumped to $0.1596, with 2.8% lost overnight. Pepe ($PEPE), the largest frog-coin, lost 2.5% in 24 hours. The $PEPE price hit $0.000009454 on declining trading volume.

Bonk ($BONK), another major cryptocurrency in the meme coin segment, lost 3.3% overnight. The $BONK price is close to a local low at $0.00001379.

SPX6900, the largest of Murad Mahmudov's meme cryptocurrencies, is the worst performer today. Amid all top 100 crypto assets, it registered a massive 11.5% loss. As the $SPX price dipped below $1.14, the cryptocurrency is extremely close to seeing its market cap below $1 billion.

Shiba Inu ($SHIB), the second-largest meme cryptocurrency, is down by 1.6%. The $SHIB price dropped to $0.00001124 today.

One more meme coin ready to join top 100

The overall capitalization of cryptocurrency market dipped below $3.4 trillion as crypto sentiment is still affected by geopolitical tensions.

Both Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies, are down by 1.5-2.0% in 24 hours, dragging the entire market down with them.

At the same time, in the segment of smaller meme coins, NFT-linked currency Pudgy Penguins ($PENGU) attempts to get back to the top 100 cryptos.

With 8.7% overnight upsurge, the $PENGU price has touched $0.014161, which is the local high for this memetic cryptocurrency.

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