Ethereum Meme Coins Crash and Solana Dogecoin Jumps as Solana

As the broader meme coin and crypto markets sell off, leading meme coin Dogecoin ( DOGE ) has fallen by more than 11 % in the last 24 hours, dropping below$ 0.20 for the first time since November. &nbsp,

At a current price just under$ 0.201, DOGE is now down 43 % in the last month and trades 72 % off its all-time high of$ 0.73 established in 2021. Dogecoin dipped as low as$ 0.197 earlier Tuesday.

But the top meme coin is not the only one bleeding, as majors like Bitcoin and Ethereum are down 8.3 % and 10.1 % respectively in the last 24 hours. Additionally, another joke coins have experienced little sharper drops.

The entire meme coin market cap is down nearly 16.4 % during that time, led by double-digit losses for the Ethereum-based Pepe ( PEPE ) and top Solana meme coins like President Donald Trump’s official token ( TRUMP ) and Bonk ( BONK), which have all lost at least 14 % in the last week. &nbsp,

Popular Solana meme coin Fartcoin ( FARTCOIN), which was launched on the Pump. fun key rocket, has likewise fallen strongly amid the joke penny drops.

The token, which briefly exceeded a$ 2.4 billion market cap just over a month ago, is now down nearly 90 % from its all-time high of$ 0.99, leaving it outside the top 200 in the crypto market cap, per CoinGecko.

According to statistics from CoinGlass, the rapid declines across the board has resulted in$ 32.37 million in DOGE deals foreclosures and$ 11.39 million in Republican losses in the last 24 hrs. &nbsp,

Among notable meme coins, only Popcat ( POPCAT ) and Peanut the Squirrel ( PNUT) have posted gains in the last 24 hours, jumping 1 % and 5 % respectively. &nbsp,

The entire crypto market cap is down 8.8 % during that time, dropping below the$ 3 trillion mark in the process.