Meme Coin Crash: $10B Lost, What's Next?
The cryptocurrency market experienced a significant downturn on May 30th, 2025, with meme coins leading the decline. This intraday drop resulted in a $10 billion loss in market capitalization for meme coins, impacting prominent tokens like Pepe Coin (PEPE) and Fartcoin (FARTCOIN).
Meme Coin Market Cap Plummets
Over the past seven days, the total meme coin market cap fell from $74 billion to $64 billion—its lowest point since May 9th, 2025. This sharp decrease coincides with typical monthly close volatility, raising concerns about the future price trajectory of meme coins.
This bearish trend aligns with historical patterns observed during the first and last weeks of the month. For example, the April monthly close saw a drop from $52 billion to $57 billion, while a steeper $16 billion crash occurred between late March and early April.
The current decline isn't isolated to meme coins; the broader crypto market is also experiencing a downturn. Over 217,000 traders were liquidated in the last 24 hours, with total liquidations exceeding $700 million.
Price Predictions: PEPE and FARTCOIN
With a bearish outlook dominating the crypto market, PEPE and FARTCOIN are among the hardest hit, suffering significant losses. At the time of writing, PEPE was down 9%, and FARTCOIN experienced a 10% drop.
PEPE Price Forecast
PEPE is currently trading at $0.000013. Technical indicators like the Chaikin Money Flow have turned negative, signaling increased selling pressure. The AO histogram bars are also shrinking, indicating weakening bullish momentum.
Despite the bearish outlook, trader James Wynn, known for his successful trades, has opened a 10x long leverage position on PEPE, suggesting a potential price recovery.
FARTCOIN Analysis
FARTCOIN is trading within a rising wedge pattern, a bearish reversal signal. The RSI has fallen to 42, further reinforcing the bearish momentum. Without significant buyer intervention, FARTCOIN could plummet to $0.44 from its current price of $1.11.
Summary
The current market sentiment is heavily bearish, impacting most cryptocurrencies, including meme coins. PEPE and FARTCOIN are experiencing significant price declines, and technical indicators suggest further drops are possible before any potential recovery. This situation highlights the risks associated with meme coin investments. For secure development and audits of your blockchain projects, consider partnering with Codeum. We offer smart contract audits, KYC verification, custom smart contract and DApp development, tokenomics and security consultation, and partnerships with launchpads and crypto agencies.
Frequently Asked Questions (FAQs)
- What is the overall crypto price prediction? The current prediction is bearish, with most coins trending downwards.
- Will PEPE and FARTCOIN prices recover? A recovery is possible after the current sell-off, but it depends on market conditions.
- Why are meme coins falling? The decline is primarily due to negative market sentiment and reduced retail interest.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Conduct your own thorough research before making any investment decisions.