Of the 10 worst performing cryptocurrencies in the last week, three are major meme coins. Dogwifhat (WIF), Floki (FLOKI), and Bonk (BONK) posted double-digit losses, while Shiba Inu (SHIB) and Dogecoin (DOGE) are also in the red.
Of the 10 worst performing cryptocurrencies in the last week, three are major meme coins. Dogwifhat (WIF), Floki (FLOKI), and Bonk (BONK) posted double-digit losses, while Shiba Inu (SHIB) and Dogecoin (DOGE) are also in the red.
Dogwifhat (WIF) loses 25% of its value in just one week
Solana’s (SOL) dominant meme coin, Dogwifhat (WIF), lost almost 25% of its price in the last seven days. After such a drop, WIF’s capitalization fell below $1.8 billion and the coin lost its place among the top 50 altcoins.
Floki (FLOKI) and Bonk (BONK), two other major meme coins with large communities, are also on the list of those most affected by the current cryptocurrency crash.
FLOKI price fell 16.8%, while the coin’s capitalization lost support at $1.65 billion. The market capitalization of Bonk (BONK) is very close to falling below $1.4 billion.
The two largest meme cryptocurrencies, Dogecoin (DOGE) and Shiba Inu (SHIB), lost 8.7% and 12.8%, respectively. Dogecoin (DOGE) is one step away from being replaced by Toncoin (TON) as the ninth largest cryptocurrency.
During the same period, Bitcoin (BTC) and Ethereum (ETH) only lost 3% and 1.6%, respectively, while the price of XRP managed to add 0.8%.
DAD and MOTHER rivalry enters new phase as Tate-associated currency rises 40%
However, some segments of meme coins are still skyrocketing. Star-themed meme cryptocurrencies associated with Internet celebrities have posted new gains.
Daddy Tate (DADDY), a small cap meme coin on Solana (SOL) that is supported by infamous social media influencer Andrew Tate, the “King of Toxic Masculinity”, jumped 40% today in a short time of a prolonged price decline.
Top trackers remind that Daddy Tate (DADDY) has no formal ties to Tate or his official representatives. However, the former kickboxer used to promote it on X (formerly Twitter) as an alternative to Iggy Azalea’s MOTHER coin.
Dan BurginMeanwhile, Vitalik Buterin’s top critic’s “celebrity currency” is down 42% today.
