The price of Pepe decreased by 9% as the top memecoins decreased

Pepe has changed to around $0.0000058 due to memecoins' steep drop of 9%. Dogecoin and Shiba Inu also lost gains, while Fartcoin fell 13 percent. Memecoins are struggling as privacy coins explode.

As momentum in the memecoin segment of the cryptocurrency market has faded, Pepe has been among the weakest performers over the past 24 hours.

Regression is not limited to Pepe. Several leading memecoins that posted strong gains in early January 2026 also pulled back, as investors pared their gains amid a broader market shift.

The shift towards privacy-focused cryptocurrencies has coincided with the decline of tokens such as Dogecoin, Shiba Inu, and Bonk.

Selling pressure was more pronounced in some smaller names, with memecoins including Fartcoin recording double-digit losses.

The price of Pepe decreased by 9%

Frog-themed memecoin Pepe fell 9% in early US trading on Thursday, as the broader category declined broadly.

The token is trading at around $0.0000059, up from a recent high of $0.0000065, increasing with strong selling activity.

According to the data from CoinMarketCap, the daily trading volume was more than 32% to $795 million, which probably indicates low strength.

A pullback could create more losses, giving the bears more motivation.

At the beginning of the year, PEPE recorded a strong surge as the upward momentum engulfed memecoins.

Speculative inflows and widespread memecoin enthusiasm fueled these moves.

However, like most other indicators in the sector, profit taking after rallies led to a fresh correction.

Pepe price reached a high of $0.0000070 on January 14, 2025, but may now revisit the lows of $0.0000055.

Dogecoin and Shiba Inu have invested in profits

A broad selloff in memecoins pushed the category's total market capitalization down 4 percent to $44.9 billion, while daily trading volume fell 19 percent to $5.7 billion.

Dogecoin (DOGE) saw mild gains, with the token down 5% at $0.14.

Its market capitalization stood at $23.9 billion, keeping memecoin the largest by value, although prices have now given up gains recorded on Wednesday when bitcoin was close to $97,000.

Elsewhere, Shiba Inu (SHIB), an Ethereum-based token that has already joined the broader market, was trading around $0.0000085, down roughly 4% in the past 24 hours.

Solana-based BONK was last at $0.0000105, down 7% on the day, while official TRUMP was down about 5% to $5.43.

FLOKI has been one of the worst performers as its price has fallen to around $0.000051, sliding about 8% in the last 24 hours.

SPX6900 (SPX), a satirical, anti-establishment memecoin, earlier in its trading history, also remained under pressure, changing hands near $0.57, less than 10% on the day.

Pudgy Penguins, a memecoin linked to the popular NFT collection, was trading at around $0.012, down 7% in the last 24 hours.

Fartcoin recorded more losses, falling roughly 13% to around $0.37.