SHIB Rivals BRETT, FLOKI, BONK in Red as Meme Coin Segment Plunges

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As the cryptocurrency conception demonstrates airy performance, meme coins are underperforming. One of the largest meme cryptocurrencies, Floki Inu (FLOKI), is dangerously adjacent to leaving the apical 50 integer assets by marketplace capitalization.

BRETT, FLOKI, BONK amid worst performing apical 100 cryptos

Today, June 10, 2024, each of the largest meme coins are successful the reddish portion amid a unchangeable cryptocurrency market. "Based Brett" (BRETT), a flagship meme coin connected Coinbase's Base, marketed arsenic "Pepe's person connected Base," is the lone apical 100 cryptocurrency that mislaid much than 10% overnight.

Crypto meme coins are losing worth  Image by Coingecko

Based Brett (BRETT) mislaid 10.2% successful the past 24 hours. Floki (FLOKI) is down by 5.2% and is highly adjacent to being replaced by The Graph (GRT) arsenic the 50th largest crypto by marketplace cap, CoinGecko data says.

Bonk (BONK), the astir overhyped meme cryptocurrency connected apical of Solana (SOL), is down by 4.3%. Top-tier meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) mislaid astir 1% each, which is adjacent to the marketplace benchmark for today.

Meanwhile, amid the quality astir Base (BASE) surpassing OP Mainnet by full worth locked (TVL), immoderate of its meme coins expanded their rallies.

ChompCoin (CHOMP) added implicit 40% successful 1 day, portion Basenji (BENJI) is up by 14% and is targeting a $90 cardinal valuation for the archetypal clip ever.

AI coins nether unit arsenic well

In total, the class of Base meme coins added 12.1% overnight, CoinGecko information shows.

The conception of AI cryptocurrencies is yet different underperforming conception today. As involvement successful AI crypto vanishes, they are mostly losing capitalization.

Flagship AI coin Fetch.AI (FET) is down by 2.6%, conscionable similar its rival Oraichain (ORAI), portion Cardano-linked AI protocol Singularity.NET (AGIX) mislaid 4%.

Bitcoin (BTC) is changing hands astatine $69,510, up by 0.8% successful 24 hours.

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