On July 4, 2025, the total cryptocurrency market capitalization faces a significant downturn. Most of the top 100 crypto assets, including Bitcoin and Ethereum, show negative trends, while two meme coins continue to rise.
Top 100 Cryptos in the Red
Today, almost all cryptocurrencies from the top 100 are in the red. This is especially evident for Bitcoin (BTC) and Ethereum (ETH), both of which are experiencing declines. However, two meme coins - Pudgy Penguins (PENGU) and Bonk (BONK) - remain in the green.
Significant Drop in Crypto Market Capitalization
In the past 24 hours, the cryptocurrency market capitalization has decreased by 5.5%. Bitcoin dropped by 1.5% and is trading at $107,741, while Ethereum lost 3% and sits at $2,502 amid low trading volume.
Performance of Individual Meme Coins
Pudgy Penguins (PENGU) shows growth of 4.5%, extending its weekly gains to over 60% and exceeding $0.016. Bonk (BONK) also demonstrates positive dynamics with a 0.6% increase, reaching a local high of $0.00001635. Meanwhile, other meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) are recording losses.
Thus, despite the overall decline in the cryptocurrency market, the meme coins Pudgy Penguins and Bonk continue to show positive results, highlighting their uniqueness among major crypto assets.
