{"id":31720,"date":"2025-06-13T12:33:38","date_gmt":"2025-06-13T12:33:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31720"},"modified":"2025-06-13T12:33:38","modified_gmt":"2025-06-13T12:33:38","slug":"friday-the-13th-meme-coin-massacre-spx-and-fartcoin-plunge-by-double-digits","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31720","title":{"rendered":"Friday the 13th Meme Coin Massacre: SPX and FARTCOIN Plunge by Double Digits"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Meme coins suffered a significant decline today (June 13), with their total market capitalization dropping by 8% in hours.<\/span><\/li>\n<li>DOGE and SHIB are among the affected ones, heading south by 6-7% each, but SPX and FARTCOIN lead the adverse trend.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Memes_CB-1.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-400393\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Memes_CB-1.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Memes_CB-1.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Memes_CB-1-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Memes_CB-1-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Memes_CB-1-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Memes_CB-1-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Memes Bleed Out<\/h2>\n<p><span data-preserver-spaces=\"true\">The cryptocurrency sector and the meme coin niche recorded a substantial resurgence earlier this week. <\/span><span data-preserver-spaces=\"true\">According to CoinMarketCap\u2019s data, the market cap of all the memes reached almost $65 billion on June 11<\/span><span data-preserver-spaces=\"true\">, but currently<\/span><span data-preserver-spaces=\"true\">, it is hovering around $55 billion.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The downtrend <\/span><span data-preserver-spaces=\"true\">was most likely <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-crashes-toward-103k-crypto-markets-bleed-s200-billion-after-israel-strikes-iran\/\" data-wpel-link=\"internal\">triggered<\/a><\/span><span data-preserver-spaces=\"true\"> by the latest geopolitical tension caused by the military conflict between Israel and Iran.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Some of the worst-affected meme coins include SPX6900 (SPX) and Fartcoin (FARTCOIN). The former is down 22% on a daily scale, while the latter retraced by 17% within that timeframe.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_400390\" aria-describedby=\"caption-attachment-400390\" style=\"width: 1097px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SPX.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-400390\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SPX.png\" alt=\"SPX Price\" width=\"1097\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SPX.png 1042w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SPX-300x109.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SPX-1024x373.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SPX-768x280.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/SPX-50x18.png 50w\" sizes=\"auto, (max-width: 1097px) 100vw, 1097px\"><\/a><figcaption id=\"caption-attachment-400390\" class=\"wp-caption-text\">SPX Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Interestingly, those assets were among the best performers during the recent rally. As <\/span><em><span data-preserver-spaces=\"true\">CryptoPotato<\/span><\/em> <a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/spx-flips-fartcoin-after-surging-by-80-monthly-details-here\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">reported<\/span><\/a><span data-preserver-spaces=\"true\">, SPX became the fifth-biggest meme coin, with its market cap surging well above $1 billion.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Other tokens of that type that have posted double-digit losses on a 24-hour basis are Pepe (PEPE), Bonk (BONK), <\/span><span data-preserver-spaces=\"true\">dogwifhat<\/span><span data-preserver-spaces=\"true\"> (WIF), Floki (FLOKI), Pudgy Penguins (PENGU), Peanut the Squirrel (PNUT), and many more.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On the other hand, lesser-known meme coins such as REKT, AURA, and TST have charted some gains.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">How Are the Big Shots Doing?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Dogecoin (DOGE) \u2013 the undisputed leader in the meme coin sector \u2013 has also nosedived, albeit posting less substantial losses than the <\/span><span data-preserver-spaces=\"true\">aforementioned tokens<\/span><span data-preserver-spaces=\"true\">. It currently trades at around $0.17, representing a 7% decline for the past 24 hours.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Shiba Inu (SHIB) \u2013 DOGE\u2019s biggest contender \u2013 briefly dipped to as low as $0.0000114, the lowest point since April. As of this writing, the self-proclaimed Dogecoin killer is worth roughly $0.00001170, or a 6% decrease on a daily scale.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meme coins are notorious for their heightened volatility and typically decline more significantly and rapidly than well-established cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) during periods of uncertainty and market turmoil.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Having <\/span><span data-preserver-spaces=\"true\">that<\/span><span data-preserver-spaces=\"true\"> said, investors should tread carefully with them, conduct <\/span><span data-preserver-spaces=\"true\">proper<\/span><span data-preserver-spaces=\"true\"> research before committing funds, and invest only as much as they are <\/span><span data-preserver-spaces=\"true\">ready<\/span><span data-preserver-spaces=\"true\"> to lose.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/friday-the-13th-meme-coin-massacre-spx-and-fartcoin-plunge-by-double-digits\/\" rel=\"nofollow\">Friday the 13th Meme Coin Massacre: SPX and FARTCOIN Plunge by Double Digits<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Meme coins suffered a significant decline today (June 13), with their total market capitalization dropping by 8% in hours. DOGE and SHIB are among the affected ones, heading south by 6-7% each, but SPX and FARTCOIN lead the adverse trend. Memes Bleed Out The cryptocurrency sector and the meme coin niche recorded a substantial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-31720","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31720"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31720\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}