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Shiba Inu (SHIB), Dogecoin (DOGE) Losing Value Amid Market Apathy

u.today

13 min ago

Shiba Inu (SHIB), Dogecoin (DOGE) Losing Value Amid Market Apathy

Today, May 13, 2025, the largest meme cryptocurrencies are in the red. While the cryptocurrency segment takes a breath, top dog-themed coins are losing value. Owners of both large- and mid-cap meme coins are under fire today as their assets are underperforming. Shiba Inu (SHIB) price down by 6.6%, Dogecoin (DOGE) follows Shiba Inu (SHIB), the second largest meme cryptocurrency by market capitalization, loses 6.6% of its valuation overnight. The SHIB price hit $0.00001552 on plunging data volume, CoinGecko's data says. Dogecoin (DOGE), the first and largest canine coin, is also in the red. The Dogecoin (DOGE) price dropped by 5% in 24 hours, which is significantly worse compared to the market benchmark. In a rapid move, DOGE nosedived to $0.2281 today. Bonk (BONK), another large community-driven meme coin, is down by 3.6% overnight, while Floki Inu (FLOKI) registered a 4.8% drop. Dogwifhat (WIF), the top Solana-based canine coin, is another underperforming crypto today, with a 3.3% price drop. By contrast, Pepe (PEPE), the largest frog-coin, is only down by 1.2%. +The market benchmark for all cryptocurrencies today is down 2.7%, while the Bitcoin (BTC) price is stagnant. Pi Network (PI) is the undisputed worst performer in the top 100. PI's price lost 13%, following Ponzi scheme allegations in social media. Smaller meme coins MOG, POPCAT, BRETT also in red Ethereum (ETH), the largest altcoin, is up by 0.9%. Major exchange tokens Unus Sed Leo (LEO), Cronos (CRO) and Nexo (NEXO) are the best performers with a 1.5-1.6% upsurge. In the segment of smaller meme coins, bearish sentiment is also dominating. Mog Coin (MOG) is down by 7%. As its capitalization drops below $500 million, MOG has all the chances to leave the top 200 cryptos. The first AI meme coin, Turbo (TURBO), has seen its cap dipping below $400 million. Popcat (POPCAT), the first mainstream cat-themed meme coin, is down by 4.1%, while Base's pioneering meme coin Based Brett (BRETT) has dropped by 2.6%.

https://u.today/shiba-inu-shib-dogecoin-doge-losing-value-amid-market-apathy?utm_source=CryptoNews&utm_medium=app