Memecoins face serious challenges in becoming a reliable store of value and have struggled to build their reputation among their competitors. Despite recent crypto market volatility, these tokens are lagging behind, raising questions about their long-term sustainability.

“The failure of memecoins to create sustainable value may herald a turning point in their popularity.” Memecoins are struggling with inherent challenges and market manipulation. Can these tokens regain their lost traction, or is a decline inevitable?


In the volatile digital currency market, memecoins appear to be on the decline. Often considered a speculative asset class, these tokens have the potential to be a more stable store of value for some investors. However, recent developments have shown that DOGE and PEPE$PEPE

It shows that memecoins like are weakening more than expected.


Perhaps the most well-known of the memecoins is Dogecoin (DOGE).$DOGE

, is a typical example of the high volatility experienced by such tokens. DOGE, once promoted by strong supporters, is currently struggling due to lack of financial support. Despite having an official government agency on it, the price of DOGE is quite stagnant and has difficulty returning to its previous highs.


Looking at market sentiment analysis, it is clear that memecoins are losing interest among investors. Investors are concerned about the increasing uncertainty due to the fact that price movements can be dramatically influenced by a few major players. “There is a high probability of manipulation in this area, which makes it necessary for ordinary investors to stay on the sidelines,” one expert commented.


Market manipulation continues to pose a significant threat, particularly to DOGE and its rivals. Recent analysis by COINOTAG shows that whale wallets are exerting a major influence on memecoin prices and are posing a hindrance to sustainable growth.

Take the PEPE token, for example; with a market cap of $9 billion, around half of this token is controlled by whale owners. This concentration creates major challenges for smaller investors, as large investors often manipulate the market in their own interests. Such market movements mean that small investors can change the fate of the token. This not only disrupts market transactions, but also creates uncertainty for everyday investors.