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Today, July 4, 2025, total cryptocurrency market capitalization is taking a breath. Almost all of the top 100 assets, including the largest cryptocurrencies Bitcoin ($BTC) and Ethereum ($ETH), are in the red. Meanwhile, two meme cryptos look particularly strong.
Top 100 cryptos are in red, these two meme coins outperform
NFT-linked meme coin Pudgy Penguins ($PENGU) and Bonk ($BONK) — one of the largest dog-themed meme cryptocurrencies — are almost unique top 100 cryptos that are in green today. Pudgy Penguins ($PENGU) is surprisingly the best-performing asset in the category.
$PENGU price's overnight growth totals 4.5%. In a massive move, $PENGU expanded weekly gains over 60% and exceeded $0.016.
Also, Bonk ($BONK), a major dog-themed cryptocurrency with an active community, is in green. The $BONK price added 0.6% and hit a local high at $0.00001635.
Other meme coins in the top 100 are far from demonstrating such gains. Shiba Inu (SHIB) lost 3.6% overnight and touched $0.00001136, while Dogecoin ($DOGE) and Pepe ($PEPE) are both down by 4.3%.
Net crypto capitalization sees large drop
Dogecoin ($DOGE), the largest meme cryptocurrency, reached $0.1631, setting a local low, while Pepe ($PEPE) bottomed at $0.000009565.
Meanwhile, the aggregated capitalization of the cryptocurrency market sees far worse losses. In just 24 hours, crypto markets erased almost 5.5% of their value.
Bitcoin ($BTC), the largest cryptocurrency, dropped by 1.5%, while Ethereum ($ETH) said farewell to 3% of its cap.
As of press time, Bitcoin ($BTC) is changing hands at $107,741, while Ethereum ($ETH) is sitting at $2,502 on low trading volume.