A recent, significant correction in Bitcoin’s price has sent shockwaves across the broader cryptocurrency market, triggering intense pressure on altcoins. The meme coin sector, known for its high volatility, has been hit particularly hard, with many tokens experiencing steep declines in their market capitalization.

While some assets have shown brief moments of recovery, the overarching trend reveals the fragility of tokens that rely heavily on social media hype and market sentiment. Here are seven meme coins that have been shaken by the recent downturn.

Fwog (FWOG)

This frog-themed community token on the Solana network saw its price fall by nearly 22% over the past week. In a general market decline, assets like FWOG, which are heavily dependent on social momentum and liquidity, are often among the most vulnerable to sharp pullbacks.

Gigachad (GIGA)

Inspired by the popular internet meme, Gigachad is another Solana-based token that has faced significant headwinds. The coin has registered a weekly decline of approximately 15% and is down a staggering 94% from its all-time high (ATH). When Bitcoin’s price falls, liquidity tends to dry up for highly speculative assets like GIGA.

SPX6900 (SPX)

The SPX6900 token presents a mixed picture of extreme volatility. While it recorded a 24-hour increase of over 12%, its medium-term performance tells a different story, showing a decline of more than 51%. This highlights that even tokens experiencing brief rallies still face substantial medium-term risks in a negative market.

Hamster Kombat (HMSTR)

Originating from a “tap-to-earn” gaming project, Hamster Kombat proves that gamified tokens aren’t immune to market downturns. HMSTR has seen a weekly decline of over 11% and a medium-term correction of nearly 46%. As systemic risk increases, trader enthusiasm for game-related tokens often wanes.

Brett (BRETT)

Brett, a popular meme coin associated with the “Based” community, has also struggled. Despite a 24-hour gain of around 11.6%, the token is down almost 10% for the week and has corrected by 44.5% in the medium term. This pattern shows that intraday spikes can be deceptive when broader market pressure persists.

Myro (MYRO)

Myro, a dog-themed meme coin on Solana named after the co-founder’s dog, reflects a similar trend. It posted an intraday gain of nearly 11.6% but has still suffered a medium-term decline of over 16%. Despite small upward movements, the risk of a larger correction remains high if the market continues to struggle.

Just a Chill Guy (CHILLGUY)

Even with a strong community, the meme-inspired Chillguy token couldn’t escape the market’s slide. While it saw a 24-hour gain of almost 10%, it has fallen by roughly 8.7% over the week and more than 42% in the medium term. This demonstrates that widespread market pressure can easily overpower community-driven momentum.

A Lesson in Volatility

Bitcoin’s recent downturn has triggered a major correction across the meme coin landscape, underscoring the sector’s vulnerability. Tokens that depend heavily on community sentiment and social hype have proven to be the most susceptible to losses. For investors, this serves as a reminder that the same factors that can fuel rapid gains can also lead to equally dramatic declines, making high risk an inherent part of the meme coin market.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice, investment advice, or any other sort of advice. You should not treat any of the website’s content as such. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.