The post Meme Coins Lose $44B in 3 Weeks, What’s Next? appeared on BitcoinEthereumNews.com.

The crypto market is the hub for high volatility and unpredictability, especially the meme coins. Just a few weeks ago, the market was flourishing with gains, adding significant value to digital assets. However, the recent report showcased a staggering $44 billion loss in meme-themed cryptocurrencies alone. What will come after this? Let’s discuss. Meme Coins Market Cap Declines By $44B Over three weeks, the meme tokens market has seen massive turbulence. Although this instability was part of the decline of global altcoins, meme-themed cryptocurrencies were hit the most significantly, facing a drop of $44 billion. The market cap clearly shows this drop, where earlier, it was around $117.60 billion on January 17, but the same is down to $69.87B at press time. This 37% drop has significantly affected top meme coins and investors. The Dogecoin price declined 24%, the Shiba Inu price fell 20%, PEPE 29%, and many others this week. Although such drops have been standard in the market, the drastic shift of meme currencies from hype and gains to declines shocked many. What Caused Meme Coins to Crash? The Donald Trump tariffs and trade war brought heavy volatility to the market. However, the drop in these cryptos began even before the global crypto market crash, but the collision sparked persistent bearish sentiment among investors. Additionally, the meme coins volatility and exaggerated price moves fueled the decline. The launch of the TRUMP and MELANIA tokens is also to blame. Their association with the current US President, Donald Trump, and first lady Melania Trump brought them tremendous attention. As a result, they sucked all the liquidity. This crashed the rest of the meme-currencies, resulting in most investors in losses while only a few profited. Regardless, investors’ sentiments played the most prominent role. Amid such high volatility, traders often move towards…

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Filed under: News - @ February 8, 2025 2:09 am