According to data provided by CoinGecko, Shiba Inu (SHIB) and Dogecoin (DOGE) are among the top laggards among leading cryptocurrencies. The two meme coins are down 3.5% and 2.5%, respectively.

For comparison, Bitcoin (BTC) is down 0.9% over the same period of time. Some other major cryptocurrencies, such as XRP, are currently in the green.

Meme coins in red

The entire meme coin sector is currently in the red, with dogwifhat (WIF) plunging by as much as 6%.

Every single meme coin with a market cap over $1 billion has recorded losses over the past 24 hours.

Bonk (BONK) and Brett (BRETT) have also slipped by more than 5%. Pepe (PEPE) and Floki Inu (FLOKI) are down 3.1% and 4.9%, respectively.

Mog Coin (MOG) is the only well-established meme cryptocurrency that has managed to record a modest price uptick (1.7%).