According to foreign media, dog coins, fuel canine coins and PEPE have fallen significantly from their respective historical heights. Three of them, who used to drive the heat of trade in memes between 2020 and 2023, continued to lose their overall performance in the last two years, failing to return to their former highs.

The three memes are at the top.

According to the report, the dog coin rose to $0.73 in May 2021 and is currently about $0.07, which is close to 90 per cent above historical heights. In October 2021, after touching US$ 0.000,8616, at this stage, the price of the canine has dropped by about 95 per cent.

PEPE rose to $0.00002803 last year and is now at about 91%. In terms of fallback, most of the historical increases have been eliminated in all three tokens, and the overall heat of the plate is significantly below the peak of the previous round.

  • DOGE: Higher points approaching 90%
  • SHIB: Higher return 95%
  • PEPE: Higher return about 91%

Weakness after 2024

According to the article, the mein currency had attracted large amounts of short-term funding during the last market cycle and had once become one of the most interesting segments of the encryption market. However, since 2024, these assets have entered a sustained fall-back phase as a whole, with price performance significantly weaker than at previous peaks.

Of these, canine coins were once considered to be the main competitors for dog coins, but also fell significantly in the current round. The report attributed this change to a shift in market concerns and a decline in investor preferences for highly volatile topics.

Change in funding preferences

It was also mentioned that part of the transactional funds was going to assets and companies associated with artificial intelligence, as such topics had a clearer realistic application scenario. According to the author, the period in which the memes used to rely on emotions for rapid increases has diminished.

This judgement, however, primarily represents a commentary on the articles. On a factual level, the current memes are still in high volatility, and whether prices can be repaired will depend on overall encrypted market risk preferences, the movement of bitcoin and the Ethera, and the return of new flows of high-flexible assets.