Memecoin Market Update: Volume and Market Cap Slide Amid Intense Volatility

Market Updates
Written By MemecoinWire Editorial Team

The memecoin sector continues to show signs of weakness, as both trading volume and overall market cap experience significant declines. The total daily trading volume has dropped another 14%, settling at $11.75 billion, extending the downtrend from previous days. Simultaneously, the memecoin market cap has fallen 5.6%, now sitting at $68.4 billion.

Large Caps Take Another Hit

The correction has weighed heavily on large-cap memecoins, which are seeing noticeable dips across the board. Here’s a look at some of the most well-known names:

  • $DOGE: Down 6.3%

  • $SHIB: Down 7%

  • $PEPE: Down 6.4%

  • $TRUMP: Down 5.19%

  • $BONK: Leading the red wave with an 8% drop

These corrections come after a brief relief rally earlier in the week, suggesting that the memecoin market is currently caught in a volatile sideways range with downward pressure dominating.

Small-Cap Standouts: A Few Green Spots

Amid the broader red sea, a few small-cap memecoins have managed to push higher despite unfavorable conditions:

  • $KENDU: Up 11%

  • $PURPE: Up 10%

  • $DOGE (DOGEGOV): Also up 10%

These gains highlight that while the overall sentiment remains bearish, there are pockets of speculative momentum that traders are still chasing — albeit with higher risk.

Pain Among Recent Top Performers

Interestingly, the largest losers today were yesterday’s winners. Tokens like $RETARDIO, $BOOP, and $PEOPLE, which had massive volume and price spikes recently, are now crashing hard:

  • $RETARDIO: Down 24%

  • $BOOP: Down 22%

  • $PEOPLE: Down 21%

This sudden reversal is a stark reminder of how brutal memecoin rotations can be. The same assets leading the pack one day can end up at the bottom the next, reinforcing just how fast sentiment can shift in this sector.

Takeaways: Time for Caution

The ongoing volume decline combined with a shrinking market cap and extreme daily volatility signals a highly unstable trading environment. While memecoins can offer explosive upside, they also come with sharp downside risk — especially during market corrections.

Traders and investors should consider:

  • Avoiding overtrading during these swings

  • Taking profits quickly when in the green

  • Doing your own research (DYOR) before jumping into trending coins

  • Verifying contracts, especially with so many impersonator tokens appearing daily

In this type of market, capital preservation is just as important as catching the next big move.

MemecoinWire Editorial Team

The MemecoinWire Editorial Team is a group of crypto-native writers, analysts, and meme market observers dedicated to delivering timely, data-driven updates on the world of memecoins. With a passion for decentralized culture and a sharp eye on market trends, our team tracks volume spikes, market cap moves, exchange listings, and on-chain metrics to keep traders informed.

We research and present the data as it is — no hype, no fluff. While we aim to surface the most relevant insights, we always encourage readers to do their own research (DYOR). MemecoinWire does not offer financial advice; we exist to report on what’s happening, not predict what’s next.

From emerging low-cap gems to ecosystem-wide sentiment shifts, the MemecoinWire Editorial Team is here to document the memecoin movement in real time.

https://seahorse-moose-mrmx.squarespace.com/memecoinwire-editorial-team
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