Bitcoin and most large meme coins fell again this week, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) sliding lower for several days in a row. Meme coins have lost roughly 3% since last week as the market reacts to Bitcoin’s pullback. The move shows how fast sentiment can shift in this category, especially when Bitcoin loses strength and traders rush to reduce risk.
Bitcoin dropped below $93,000 on Monday after a leverage-driven rally failed to hold. When rallies break down, traders often become nervous, and meme coins usually feel the impact first. This time, the reaction was familiar. DOGE, SHIB, and PEPE all turned red again and continued extending losses that began last week. But in the middle of the pullback, continued to grow. Buyers kept entering Stage 11, sending the raise past $276,000 and keeping the 500x growth narrative in play while other meme coins slipped.