Meme Coin Bloodbath Today: DOGE, PUMP, BONK, and Many More Collapse by Double Digits

TL;DR Popular memes declined to multi-week lows today (September 22). MemeCore (M) is the only top-20 meme coin in the green, rising 1% to $2.55. It’s up over 460% monthly, now ranked the third-largest meme coin, with analysts calling for targets between $3.40 and even a bold $10. The Meme Coin Sector Takes a Blow Many of the leading cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Hyperliquid (HYPE), have headed south today (September 22) as a result of a significant ￰0￱ meme coins were caught themselves in the middle of the storm, registering even more substantial losses than the industry ￰1￱ (DOGE), the biggest in the niche, posted a 10% price decline on a 24-hour scale to around $0.24, whereas its largest rival, Shiba Inu (SHIB), slipped by 6% to a 17-day low of $0.00001213.

Pump. fun (PUMP) crashed by 16% for the past day, Pudgy Penguins (PENGU) tumbled by 12%, whereas BONK (BONK) retraced by 10%. The total market capitalization of the meme coin sector collapsed to approximately $77 billion, or a 10% decrease in a single ￰2￱ Lone Survivor The only meme coin (part of the top 20 club), which has registered a minor increase for the past 24 hours, is MemeCore (M). The asset, which has lately become a sensation in the crypto market, is up a mere 1% and currently trades at around $2.55.

Its gain on a monthly scale is much more impressive. M has skyrocketed by over 460% within that period, thus flipping well-known names like PEPE, TRUMP, FLOKI, WIF, and many more, to become the third-biggest meme ￰3￱ curious to see what possible catalysts might have fueled M’s rally could read our dedicated article ￰4￱ token remains the subject of optimistic price predictions, with some industry participants believing its top is yet to ￰5￱ X user Sjuul | AltCryptoGems recently described M as “simply a beast, pushing higher and higher.” He claimed the asset broke “every single Fibonacci extension level into fresh all-time highs,” forecasting a rally to $3.40.

Crypto Monkey chipped in, too, outlining a rather preposterous (at least as of now) target of $10. “Strength is unreal,” they argued.