While the entire cryptocurrency market is down today, some of the largest cryptocurrencies are under fire. While Dogecoin (DOGE), Bonk (BONK) and Pepe (PEPE) are all losing value, some smaller meme coins are struggling to join the elite league.
DOGE, BONK, PEPE bleeding today
Today, July 1, 2025, cryptocurrency segment is down, with capitalization losing 2.6% overnight. Meme cryptocurrencies are among worst victims: Murad's meme coins and cat-themed cryptos are down by 13.1% and 10.8%. These are only two categories posting double-digit losses today.
The largest meme cryptos are also under fire. The Dogecoin (DOGE) price slumped to $0.1596, with 2.8% lost overnight. Pepe (PEPE), the largest frog-coin, lost 2.5% in 24 hours. The PEPE price hit $0.000009454 on declining trading volume.
Bonk (BONK), another major cryptocurrency in the meme coin segment, lost 3.3% overnight. The BONK price is close to a local low at $0.00001379.
SPX6900, the largest of Murad Mahmudov's meme cryptocurrencies, is the worst performer today. Amid all top 100 crypto assets, it registered a massive 11.5% loss. As the SPX price dipped below $1.14, the cryptocurrency is extremely close to seeing its market cap below $1 billion.
Shiba Inu (SHIB), the second-largest meme cryptocurrency, is down by 1.6%. The SHIB price dropped to $0.00001124 today.
One more meme coin ready to join top 100
The overall capitalization of cryptocurrency market dipped below $3.4 trillion as crypto sentiment is still affected by geopolitical tensions.
Both Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies, are down by 1.5-2.0% in 24 hours, dragging the entire market down with them.
At the same time, in the segment of smaller meme coins, NFT-linked currency Pudgy Penguins (PENGU) attempts to get back to the top 100 cryptos.
With 8.7% overnight upsurge, the PENGU price has touched $0.014161, which is the local high for this memetic cryptocurrency.
Vladislav Sopov
U.Today Editorial Team