As the cryptocurrency market remains stagnant today, top-tier meme cryptocurrencies are showing even poorer performance. Among the top 200 cryptocurrencies, Dogecoin (DOGE), Pudgy Penguins (PENGU), and SPX6900 (SPX) stand out as the worst performers.
### Top Meme Cryptos DOGE, PENGU, SPX Under Pressure
Dogecoin (DOGE), the first and largest meme cryptocurrency globally, is up by only 0.6% today. Stagnating at $0.1871, DOGE is underperforming compared to the broader market benchmark, which has seen a 1% increase. Dogecoin’s market capitalization currently sits at $27.4 billion.
MemeCore (M), a newer meme cryptocurrency within the top 50, fell by 0.1% overnight. Its price dropped below $0.46 on major spot exchanges, signaling some downward pressure.
Pudgy Penguins (PENGU), a meme coin tied to the popular NFT collection of the same name, has dropped out of the top 100 cryptocurrencies by market cap following a 2.9% decline overnight.
SPX6900, known as the largest “Murad’s meme coin,” experienced a 3.3% decrease over the past 24 hours. Extending its weekly losses to over 13%, SPX’s price plunged below $0.866.
Despite these declines, the aggregated market capitalization of meme coins rose by 2.2% in 24 hours, topping $61.4 billion, according to CoinGecko data.
### AI Meme Coins Lead the Charge in the Segment
While some meme coins are struggling, others — particularly those associated with artificial intelligence (AI) projects — are showing promising gains. AI meme coins like ai16z (AI16Z), aixbt (AIXBT), and OKZOO (AIOT) have delivered substantial overnight rallies.
For example, ai16z surged 21%, pushing its price above $0.10 for the first time in over three weeks. OKZOO (AIOT) also saw notable gains, reaching $0.60 on exchanges such as Gate, MEXC, and PancakeSwap after a 30% overnight rally.
### Broader Market Overview
Among large-cap cryptocurrencies, XRP and Solana (SOL) are experiencing declines today. In contrast, Bitcoin (BTC), Ethereum (ETH), and other crypto giants are seeing modest gains between 0.4% and 0.5%. At press time, Bitcoin’s price stands at approximately $110,200.
Overall, while the general crypto market shows some resilience, traditional meme coins face downward pressure, with AI-themed meme tokens emerging as potential bright spots.
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