SHIB and WIF are both down more than 70% from their 52-week peaks
Earlier this year, Solana-based meme coin upstart WIF stole the spotlight with a massive rally that took the meme coin to its current peak of $4.83 on March 31. Since then, WIF has dropped by more than 70.5%. , Murad Mahmudov, a former Goldman Sachs analyst, recently predicted that WIF would end up being among the big SOL winners in 2025 despite recently losing its bullish momentum.
Meanwhile, the price of SHIB peaked at $0.0000456 on March 5 before giving up its impressive gains. The leading"Dogecoin killer" is down as much as 84.6% from its record high that was achieved roughly three years ago. The performance of the leading meme cryptocurrencies has been more than underwhelming across the board, meaning that WIF and SHIB are from being the outliers.
Dogecoin , the top meme coin by market cap, is down 57.93% from its 52-week peak. Pepe , another major cryptocurrency from this sector, has also plunged by more than 58%. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
Dogecoin and Shiba Inu Might be on Track for Bullish September as RCO Finance Has All Chances to Rally
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