• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

2025-07-25

Major Signal Flashed!!!

2025-07-25

I Had No Clue This Was Happening…

2025-07-24

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    2025-07-25

    What Is Copy Trading in Crypto? A Beginner’s Guide

    2025-07-10

    A Step-by-Step Guide for Risk-Takers

    2025-07-09

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    2025-07-09

    How It Works and What to Watch Out For

    2025-07-09
  • Videos

    Major Signal Flashed!!!

    2025-07-25

    I Had No Clue This Was Happening…

    2025-07-24

    Why Bitcoin’s Going Vertical: $100M Mat, Debt Spiral, + ETF Surge!

    2025-07-24

    Trump’s Fed Visit Could Ignite Bitcoin’s Biggest Rally Yet

    2025-07-24

    What Happens If You Buy Bitcoin Daily? (You’ll Be Shocked!)

    2025-07-24
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Analysis»Meme Coins That Are Ripe For The Picking Following $3.2 Billion Crash
Analysis

Meme Coins That Are Ripe For The Picking Following $3.2 Billion Crash

2023-10-17No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

As the crypto market suffered major losses due to the bear season, meme coins were not left out. These tokens which are often created in line with memes on the internet saw their cumulative market cap drop by $3.2 billion in 2023. This decline has paved the way for possibly buying these highly popular tokens at what could be considered a discount.

Dogecoin (DOGE): King Of The Meme Coins

Dogecoin (DOGE) has managed to retain its title as the king of the meme coins over the years but that has not helped the altcoin to dodge the bloodbath. Despite starting out the year 2023 strong and trading close to the $0.1 level, it has succumbed to the seemingly never-ending bear pressure and fallen around 50% since then.

Dogecoin is currently trading at one of its lowest points since the year began, which could signal a prime time for purchasing the meme coin. According to data from Messari, DOGE’s price is currently over 91% lower than its all-time high price of $0.738. This means that a return to its all-time high in a bull market would be an almost 10x return on investment from its current $0.059 level.

Shiba Inu (SHIB): The DOGE Killer

When Shiba Inu first came out in 2020 as an alleged ‘Dogecoin killer’, crypto investors did not take it seriously. It wasn’t until it mounted one of the most impressive rallies of 2021 that investors saw its potential. Eventually, it grew to become the second-largest crypto among the meme coins, clocking an over $10 billion market cap at one point.

See also  $18,900,000,000 in US Treasuries Dumped by BRICS Members China, Brazil, India and UAE in One Month

However, just like its biggest competitor Dogecoin, Shiba Inu has been subject to unfavorable conditions which have seen its price decline rapidly. It is almost 92% below its October 2021 all-time high of $0.0000869. So just like Dogecoin, a return to its all-time high price will also see SHIB return almost 10x on its current price of $0.00000706.

Shiba Inu price chart from Tradingview.com (meme coins market cap Dogecoin Pepe Coin)

SHIB price losses $0.000007 support | Source: SHIBUSD on Tradingview.com

SHIB also remains a fierce competition for Dogecoin after the team released their very own Layer 2 blockchain called Shibarium. This blockchain, built atop the Ethereum network, has put it in the league of large players such as Polygon (MATIC), Arbitrum (ARB), and Optimism (OP).

Pepe Coin (PEPE): The New Kid On The Block

Pepe Coin (PEPE) is currently only a few months old but it has already shown that it deserves to be listed among the top meme coins. PEPE’s run-up to over $1.4 billion in a bear market was nothing short of historical. But even this new kid on the block could not completely shake off the bears.

PEPE’s market cap has fallen by over $1.2 billion since it hit its all-time high in May, which could present a buying opportunity. Now, given PEPE’s performance in a bear market, it is expected to rally even more in a bull market.

Since it is currently 84% below its all-time high price, a return to that level from here would mean an 8x return. The coin also commands a significant following with 520,000 followers on Twitter, making it one of the most followed meme coins in the space.

See also  Ethereum Whale Makes 10X Profit on Shiba Inu (SHIB) Rival That’s Up 650% in Past Month: On-Chain Data

Billion Coins Crash Meme Picking ripe
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

WARNING: $95 BILLION Paper Bitcoin ATTACK EXPOSED | Larry Lepard, Kratter, Anil

2025-07-09

3 Coins That Will Do GREAT in the Future! 🚀

2025-07-08

🚀 BTC BOOMING: BlackRock $4B 🏦 | Dollar Crash w OTC 📉 | ETFs EXPLODE 💥

2025-07-02

⚡ SPX6900 + Token 6900 = 100x Potentie? | Volgende Meme Coin Gekte?

2025-07-01
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Scams

Tornado Cash attacker creates proposal that could restore governance

2023-05-21

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge.…

Bitcoin

Bitcoin [BTC] witnessed a bull trap on Wednesday as further losses are anticipated

2023-05-11

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice…

DeFi

DeFi Education Fund files petition over ‘patent troll’ lawsuits

2023-09-11

The DeFi Education Fund is fighting back against lawsuits alleging patent infringement in a move…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

2025-07-25

Major Signal Flashed!!!

2025-07-25

I Had No Clue This Was Happening…

2025-07-24

Why Bitcoin’s Going Vertical: $100M Mat, Debt Spiral, + ETF Surge!

2025-07-24
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 118,088.64
ethereum
Ethereum (ETH) $ 3,772.01
xrp
XRP (XRP) $ 3.18
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 794.97
solana
Solana (SOL) $ 186.71
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.235961
staked-ether
Lido Staked Ether (STETH) $ 3,768.98
tron
TRON (TRX) $ 0.322611
bitcoin
Bitcoin (BTC) $ 118,088.64
ethereum
Ethereum (ETH) $ 3,772.01
xrp
XRP (XRP) $ 3.18
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 794.97
solana
Solana (SOL) $ 186.71
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.235961
staked-ether
Lido Staked Ether (STETH) $ 3,768.98
tron
TRON (TRX) $ 0.322611