Memecoins Hit Hard After Bitcoin’s Sudden $60,000 Flush
The post Memecoins Hit Hard After Bitcoin’s Sudden $60,000 Flush appeared on BitcoinEthereumNews.com.
Altcoins Memecoins are trading with reduced momentum as the broader crypto market remains sensitive to shifts in liquidity and risk appetite. Bitcoin was recently trading around $67,000, continuing to act as the primary anchor for sentiment across the market. Key Takeaways Memecoins are underperforming as speculative demand cools. Liquidity has thinned, increasing volatility and shortening rallies. Bitcoin’s consolidation continues to shape risk appetite across high-beta tokens. Memecoins Lose Momentum as Speculation Cools Against that backdrop, price action across the memecoin segment has appeared increasingly reactive rather than directional. Recent trading has shown clear signs of post-hype normalization across the memecoin segment. Moves to the upside have tended to fade quickly, while sell-offs have faced limited dip-buying interest. This is evident in larger names such as Dogecoin, still hovering near $0.09, and Shiba Inu, which has struggled to hold above the $0.056 level. Pepe has followed a similar pattern, trading around $0.053, with price action reflecting reduced participation from short-term traders. Solana-linked memecoins have remained active but volatile, with Bonk near $0.0563 and Pengu trading around $0.056, both showing sensitivity to shifts in broader sentiment. Smaller or more narrative-driven tokens continue to experience sharper swings. Memecoin (MEME) was trading near $0.00074, levels that leave it highly exposed to short-term flows rather than sustained allocation. Political or novelty-themed assets remain especially reactive. Official Trump (TRUMP) is trading close to $3.74, with price behavior reflecting tactical positioning and fast profit-taking rather than longer-term conviction. All these memecoins lost 20-25% on the weekly chart, following the broader market decline. Bitcoin Sets the Tone for Risk Appetite Bitcoin remains the market’s primary reference asset, but recent price action has been anything but calm. After briefly sliding toward the $60,000 level, BTC rebounded sharply back toward $67,000, highlighting elevated volatility rather than consolidation. The speed of…
Filed under: News - @ February 6, 2026 2:26 pm