Dogecoin plunges 10%, but these meme coins have fallen even worse

Dogecoin is having a rough day, with the top meme coin down 10% in the past 24 hours, amid a market-wide decline that followed mixed US economic reports released earlier Tuesday.

But while DOGE is the biggest loser among the top 10 cryptocurrencies by market cap – beating heavyweights like Bitcoin, Ethereum and Solana on that front – other major meme coins are even worse off at the time of writing.

Solana-based dog coins Bonk (BONK) and Dogwifhat (WIF) are both down around 11% at the time of writing, while the recently buzzed AI agent meme coin AI16Z is down almost 15% today.

Floki (FLOKI), Brett (BRETT) and Gigachad (GIGA) are down about 11% in the past day, although SPX6900 is down almost 14% and Popcat (POPCAT) is down almost 16% at the time of writing.

Only one meme coin in the top 250 cryptocurrencies by market cap is in the green in the past day: Akuma Inu, a dog-themed token on Ethereum Layer-2 Network Base, which is up 55% on the day amid a weekly increase of 264%. golf.

Dogecoin is currently priced at around $0.35, down just 10% on the day. Still, the price continues to rise 11% over the past week, thanks to a spike at the beginning of the month that pushed the original meme coin to a price of almost $0.40.

Galaxy Digital said last week that it expects Dogecoin to reach $1.00 for the first time in 2025, beating the previous record of $0.73 set in 2021 — although Tuesday’s price drop puts DOGE even further away from that target.

Meme coins are known for their volatility, and while the established, high-quality coins are less likely to plummet to zero without notice, they 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.