Dogecoin, Shiba Inu, And Others Struggle As Meme Coin Market Cap Falls Below $40 Billion

The meme coin market is undergoing a dramatic downturn, with prominent cryptocurrencies like Dogecoin (DOGE), and Shiba Inu (SHIB) facing substantial decline. Due to the market volatility and broader decline, the total market capitalization of meme coins dropped below $40 billion, signaling a notable decrease in investors demand for these coins. Market Crash By Over