{"id":525111,"date":"2023-03-31T09:47:03","date_gmt":"2023-03-31T09:47:03","guid":{"rendered":"https:\/\/wncen.com\/?p=525111"},"modified":"2023-03-31T09:47:03","modified_gmt":"2023-03-31T09:47:03","slug":"5-biggest-losing-meme-coins-for-march","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/5-biggest-losing-meme-coins-for-march\/","title":{"rendered":"These Top 5 Meme Coins Are Bleeding As March 2023 Ends – Here’s Why"},"content":{"rendered":"
As we bid farewell to March, it is worth taking a closer look at the meme coins that have struggled to regain their recent strong price performances.<\/p>\n
In the last 30 days, several tokens have lost double-digit values due to various factors that affect the broader crypto market.<\/p>\n
Despite being expected to recoup their recent losses, these coins have failed to do so, highlighting the unpredictable nature of the crypto market.<\/p>\n
However, as history has shown, there is always a possibility of a major rebound, which is the essence of crypto.<\/p>\n
DOGE<\/strong><\/p>\n Dogecoin is one of the most famous meme coins, known for its whimsical dog-themed branding and widespread community support. However, in the last 30 days, it has lost 7.5% of its value, according to Coingecko.<\/a><\/p>\n On March 30th, Whale Alert reported an astonishing transfer of 350,000,000 DOGE from one anonymous wallet to another. This transaction, worth $26,581,455, caused the price of DOGE to drop slightly by 2% in the last 24 hours.<\/p>\n At the time of writing, DOGE was trading at $0.07465, down nearly 3% in the last seven days, data from crypto market tracker CoinMarketCap shows.<\/p>\n SHIB<\/strong><\/p>\n Shib is another popular meme token that has seen its fair share of ups and downs. SHIB has fallen by 15% in the last 30 days, although it has risen by 34% since the start of the year.<\/p>\n SHIB is currently trading at $0.00001061, down 2.7% in the last seven days, according to CoinMarketCap<\/a>. However, with the upcoming full public launch of the Shibarium layer-two network next month, there is a possibility of an above-average upwards correction.<\/p>\n FLOKI<\/strong><\/p>\n Floki is a cryptocurrency that began as a meme-coin based on billionaire Elon Musk’s dog but has since expanded into a full-fledged Web3 endeavor encompassing decentralized finance, non-fungible tokens, and the Metaverse.<\/p>\n Yet, according to Floki’s one-month chart, this meme coin has been in a continuous slump for some time, losing 30% of its value. FLOKI has lost 14% of its value in the previous two weeks at the time of writing.<\/p>\n BONE<\/strong><\/p>\n Bone ShibaSwap (BONE) is a governance token of the Shibaswap ecosystem, allowing the #ShibArmy to vote on upcoming proposals. However, a look at the charts shows that BONE is all red. On Coingecko, the meme coin is down 7.4% in the last seven days.<\/p>\n In the last month, it has shed 37% of its value, which is 25% higher than what it lost in the last 14 days. With a circulating supply of 230 million, BONE is valued at a market cap of $243,077,448.<\/p>\n <\/p>\nCrypto total market cap at $1.13 trillion on the daily chart at TradingView.com<\/a><\/pre>\n