Why crypto meme coins are crashing?
In late 2024, the world witnessed a craze for crypto meme coins. Token prices, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), skyrocketed as speculators hopped on the hype wagon. Even relatively unknown coins like Dogewithhat, Fartcoin, and Bonk received surprising attention. Yet, into 2025, it seems to be losing steam. Data from S&P