Dogecoin is having a rough day, with the leading meme coin down 10% in the last 24 hours market-wide decline which followed mixed US economic reports released earlier on Tuesday.
But while DOGE is the biggest loser among the top 10 cryptocurrencies by market cap – beating out heavyweights like bitcoin, Ethereumand Solana on that front – other big meme coins are doing even worse at the time of writing.
Dog coins based on Solana Bonk (BONK) and Dogwifhat (WIF) are down around 11% at the time of writing, while recently buzzy AI agent meme coin AI16Z today it is down almost 15%.
Floki (FLOKI), Brett (BRETT) and Gigachad (GIGA) have similarly fallen 11% over the past day, although the SPX6900 is down nearly 14% and Popcat (POPCAT) is down nearly 16% at the time of writing.
Only one meme coin in the top 250 cryptocurrencies by market cap is in the green over the past day: Akuma Inu, a dog-themed token on Ethereum. Layer 2 network Basewhich was up 55% on the day for a weekly gain of 264%.
Dogecoin is currently priced around $0.35, down just 10% on the day. Even so, it remains up 11% over the past week, thanks to a surge in the first few days of the month that brought the original meme coin to a price of nearly $0.40.
Galaxy Digital said last week that it expects Dogecoin to do the same it hit $1.00 for the first time in 2025, surpassing its previous all-time high of $0.73 in 2021 – although Tuesday’s price decline pushed DOGE even further away from that target.
Meme coins are notoriously volatile, while established, high-value coins are less likely to be drop to zero with little noticethey still tend to swing harder than major coins like Bitcoin or Ethereum. For example, Bitcoin is down almost 5% today, but Dogecoin and other meme coins are down twice as much.
