Major meme cryptocurrencies had terrible week, while some celebrity coins are still rocketin
Dogwifhat (WIF) loses 25% of its value in just one week
DADDY vs. MOTHER rivalry enters new phase as Tate-associated coin jumps by 40%
Out of the 10 worst performing cryptocurrencies in the last week, three are meme coin majors. Dogwifhat (WIF), Floki (FLOKI) and Bonk (BONK) registered double-digit losses, while Shiba Inu (SHIB) and Dogecoin (DOGE) are also in the red.
Dogwifhat (WIF) loses 25% of its value in just one week
Solana's (SOL) dominant meme coin, Dogwifhat (WIF), lost almost 25% of its price in the past seven days. After such a dropdown, WIF capitalization dropped below $1.8 billion, and the coin lost its place in the top 50 altcoins.
Image by CoinGecko
Floki (FLOKI) and Bonk (BONK), two other major #Memecoins🤑🤑 with large communities, also found themselves on the list of the worst sufferers of the ongoing crypto dropdown.
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FLOKI's price dipped by 16.8%, while coin capitalization lost support at $1.65 billion. Bonk's (BONK) market cap is extremely close to dipping below $1.4 billion.
The two largest meme cryptocurrencies, Dogecoin (DOGE) and Shiba Inu ($SHIB ), lost 8.7% and 12.8%, respectively. Dogecoin (DOGE) is one step from being replaced by #Toncoin (TON) as the ninth largest crypto.
During the same period, Bitcoin (BTC) and Ethereum (ETH) only lost 3% and 1.6%, respectively, while $XRP price managed to add 0.8%.
DADDY vs. MOTHER rivalry enters new phase as Tate-associated coin jumps by 40%
However, some segments of meme coins are still rocketing. Star-themed meme cryptos associated with internet celebrities have recorded new gains.
Daddy Tate (DADDY), a small-cap meme coin on Solana ($SOL ) that is supported by infamous social media influencer Andrew Tate, the "King of Toxic Masculinity," jumped by 40% today in no time after a prolonged price dip.
Major trackers recall that Daddy Tate (DADDY) has no formal links to Tate or his official representatives. However, the former kickboxer used to promote it on X (formerly #Twitter ) as an alternative to Iggy Azalea's coin MOTHER.
Meanwhile, the "celeb coin" of the major #VitalikButerin critic is down by 42% today.
