The Meme Sector Just Lost 72% of Its Peak (And the Dogs Are Sleeping) 🐕💤

The entire memecoin market cap is now around $32.7 billion. At the cycle peak, it was $116–120 billion. That's a 72% wipeout. And the "blue chip" dogs aren't coming to save you.

Here's the selective reality :

🔹 $PEPE is the only OG holding the line — Up 13.4% over 7 days, briefly pushing back above **$2B market cap** before settling near $1.86B. Daily volume around $332M. Meanwhile $DOGE is down -3.2% and SHIB -2.2% over the same week . The frog moved. The dogs didn't follow.

🔹 The new mid-caps are eating the old guard — $M (MemeCore)** gained **+24.7%** in 7 days to a **$2.12B market cap, even after a -14.9% single-day dip. $USELESS added +19.5%. Meanwhile WIF dropped -10.3% and TRUMP -4.7%. This is relative strength, not a sector-wide beta trade .

🔹 But the macro backdrop is brutal — The CLARITY Act failed in the Senate with 50 votes for, 49 against — far short of the 60 needed. The sector has been bleeding since. The market cap is down roughly 72% from its cycle peak .

The takeaway ? The memecoin market isn't dead, but it's ruthlessly selective. Passive exposure to famous tickers is losing. Catalysts and relative strength are the only things working. PEPE pumping while DOGE and $SHIB bleed is the clearest signal you'll get : the market doesn't care about your nostalgia.

Pro tip : When a sector drops 72% and only one token is green, you're not in a "market." You're in a stock picker's game. Watch the relative strength, not the category.

#memecoin #PEPE #doge⚡ #SHIB #BinanceSquare