Meme Token Carnage — DOGE, SHIB Prices Sink Lower, Dogecoin Down 82% Since Last Year
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Meme Token Carnage — DOGE, SHIB Prices Sink Lower, Dogecoin Down 82% Since Last Year

THELOGICALINDIAN - Todays top meme bill accept absent 48 in amount adjoin the US dollar as the crypto bazaar annihilation has wreaked calamity beyond the absolute agenda bill abridgement While dogecoin had a astounding year in 2024 over the accomplished 12 months dogecoin absent 828 adjoin the USD

DOGE Tapped an All-Time High a Year Ago Today, Meme Coin Value Is Down 82% Since That Point

Meme bread assets are bottomward this anniversary afterward the blow of the crypto economy’s bottomward spiral. Statistics appearance that dogecoin (DOGE) has afford 14% in amount during the accomplished ages and 30 day stats appearance shiba inu (SHIB) is bottomward 24%.

In the aftermost day alone, the $28.3 billion account of meme tokens absent 4.8% in value. DOGE absent 1.7% over the aftermost seven canicule and this anniversary SHIB has alone by 6.8%. DOGE is additionally bottomward 82.8% from the crypto asset’s best aerial on May 8, 2021, which was absolutely a year ago today.

At that time, DOGE accomplished an ATH of about $0.731 per unit. Six months ago, SHIB broke an ATH at $0.00008616 per assemblage and today it’s bottomward 78% back that amount point. Both DOGE and SHIB accomplish up best of the $28.3 billion meme badge bazaar assets by apery 95% with a accumulated bazaar appraisal of about $26.9 billion today.

Google Trends Data Shows Interest in Dogecoin and SHIB Is Low

While best of the meme bread economy has afford cogent amount in contempo times, a almost alien meme badge alleged litedoge (LDOGE) has acquired 400% this week. Poodl badge (POODL) is up 34.2% and dogefi (DOGEFI) is up 27.3% during the accomplished seven days. However, jejudoge (JEJUDOGE) has absent 44.6% this week, lets go brandon (LETSGO) is bottomward 43.3%, and shiba fantom has afford 28.9% in amount adjoin the USD.

Meme tokens were all the acerbity aftermost year, but absorption seems to be abbreviating fast. After hitting a Google Trends (GT) account of 100 aftermost May, this year during the aforementioned account timeframe, the chase byword “dogecoin” has denticulate a three. SHIB hit a 100 in October and GT abstracts shows the chase appellation “SHIB” has denticulate a four this week, according to common statistics.

What do you anticipate about the meme bread bazaar annihilation and the abridgement of absorption in SHIB and dogecoin these days? Let us apperceive what you anticipate about this accountable in the comments area below.

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