- Meme coins and NFTs face significant value losses as market sentiment declines.
- Losses affect major meme coins like DOGE and SHIB.
- NFT market drops to its lowest point since April.
The meme coin and NFT markets have experienced a sharp decline, with valuations plummeting on November 21, 2025, marking the lowest levels seen since previous record highs.
This downturn signifies a broad market deleveraging, significantly impacting speculative assets and shaking investor confidence across the cryptocurrency landscape.
Meme Coins See $5 Billion Loss Amid Market Deleveraging
Meme coins and NFTs have reached new valuation lows, according to BlockBeats News. The meme coin market cap declined to $39.4 billion, representing a 66.2% drop from its peak. DOGE, SHIB, and TRUMP coins saw sharp declines, with few leadership comments noted across social media platforms.
Analysts report a $5 billion value reduction in meme coin markets within 24 hours, highlighting heightened volatility across top tokens. In the NFT sector, the total market cap is $2.78 billion, marking a 43% drop in a month, with prominent collections like Hyperliquid Hypurr and CryptoPunks affected.
NFT Market Cap Plummets 43% as Collections Lose Value
Did you know? The current crash in meme coin and NFT valuations marks a reversal to levels not seen since April 2025, showcasing a typical pattern following major ETH and BTC corrections.
As of November 21, 2025, Dogecoin’s (DOGE) market cap nears $20.83 billion, with a 24-hour trading volume change of 66.89%. Over recent periods, DOGE fell by 13.04% in 24 hours, reflecting broad market pressures on speculative assets, according to CoinMarketCap.
Dogecoin(DOGE), daily chart, screenshot on CoinMarketCap at 11:48 UTC on November 21, 2025. Source: CoinMarketCapCoincu insights suggest that the current downturn might precipitate potential regulatory changes aimed at enhancing transparency in high-volatility segments. Historical trends indicate possible recovery aligned with broader crypto market stabilization dynamics. However, recent analysis shows that Dogecoin could be approaching a breakout point.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/markets/meme-coins-nft-valuation-drop/
