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Meme Coins Take a Beating: Dogecoin Plunges 8%, Pepe Crashes 12% in Weekend Bloodbath

Meme Coins Take a Beating: Dogecoin Plunges 8%, Pepe Crashes 12% in Weekend Bloodbath

Coindesk
Author:
Coindesk
Release Time:
2025-05-31 09:01:19
0

Dogecoin Dives 8%, Pepe Down 12% in Weekend Crypto Sell-Off

Another weekend, another crypto fire sale—this time, meme coins got wrecked. Dogecoin, the OG joke-turned-‘asset,’ tanked 8% as traders bailed faster than a Wall Streeter dodging accountability. Pepe, the frog-themed ‘utility’ token, fared even worse with a brutal 12% nosedive.

Speculative frenzy? Check. Volatility on steroids? Obviously. But hey, at least the ‘fundamentals’ of meme economics—vibes and Elon tweets—remain strong. Right?

As the market flushes weak hands, one thing’s clear: in crypto, even the memes aren’t safe from gravity.

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