BONK, PEPE in Red, Amid Worst Performers Today

By: bitcoin ethereum news|2025/05/03 18:45:02

Meme cryptos in red: BONK, PEPE, SHIB losing value Bitcoin ETFs AUM over $115 billion, highest since mid-February As cryptocurrency markets are stagnant, the meme cryptos segment is underperforming today. Bonk (BONK) and Pepe (PEPE), large community-driven meme coins, are in the red. By contrast, smaller cryptocurrencies like Pudgy Penguin (PENGU) are rocketing. Meme cryptos in red: BONK, PEPE, SHIB losing value Top meme coins Bonk (BONK) and Pepe (PEPE) are among the worst performers today, on May 3, 2025. Bonk (BONK), one of the largest meme coins, lost over 4.6% of its capitalization overnight. BONK’s price dropped to weekly lows at $0.0000178. Pepe (PEPE), the first-ever frog coin, is also down today. In the last 24 hours, PEPE’s price is down by over 3.1%. As PEPE dips below $0.000008491, its capitalization is close to multi-week lows at $3.5 billion. The largest meme cryptocurrencies look stronger: the Dogecoin (DOGE) price lost 0.9%, while the Shiba Inu (SHIB) price plunged to $0.00001323. Shiba Inu (SHIB) is on the verge of losing its position in the top 20 cryptocurrencies by market cap. In the segment of smaller cryptocurrencies, some assets are outperforming. NFT-associated meme coin Pudgy Penguin (PENGU) added 12% overnight. The market benchmark is down by 2.1%; the overall capitalization of digital assets hit $3.1 trillion in equivalent. Bitcoin ETFs AUM over $115 billion, highest since mid-February Meanwhile, Bitcoin (BTC) and Ethereum (ETH) are both surging. The largest cryptocurrencies are up by 0.1%. Bitcoin (BTC) investors turned optimistic as ETFs flow is positive for the third day in a row. As per CoinGlass data, Bitcoin-based spot ETFs in the U.S. saw their AUM metric surging for almost three weeks. The aggregated AUM of Bitcoin ETFs jumped from $91 billion to over $115 billion, adding 26.4% in days. In yesterday’s session, for the first time in two weeks, investors managed to increase Bitcoin (BTC) spot ETFs AUM by over $100 million in 24 days. Bitcoin (BTC) is changing hands at $96,283 as of printing time. Source: https://u.today/bonk-pepe-in-red-amid-worst-performers-today

Claude Code founder's in-depth sharing at the Sequoia Conference: AI is downgrading "coding" to a basic skill, cross-domain product insights have become the new core barrier, traditional SaaS moats are completely collapsing, and the golden era of startups disrupting large companies has already begun...

Morning Report | MoonPay acquires Solana's execution layer DFlow; Strategy releases Q1 financial report; Manta Network announces the termination of Manta staking program

Overview of Important Market Events on May 6th

Dialogue Velocity Eric: What is the stablecoin track that the CFO really wants?

Former Worldpay strategic executive enters the crypto space: Revealing how Velocity tackles the CFO's most troublesome issues of cross-border settlement and idle funds with "stablecoin payment accounts."

The payment moment of AI agents: Who will become the Stripe of the machine economy?

Cryptographic infrastructure and card organizations are not mutually exclusive; the winner is the unified gateway that connects both tracks simultaneously.

Rented Tracks: What is this wave of stablecoin FX hot money really paying for?

What is truly being repriced in the market is the layer between stablecoin issuers and the real economy - the transaction layer.

Strategy should have said that selling coins is not ruled out

If Saylor sells his coins, will the cryptocurrency market plummet?

How MegaETH Achieved a TVL of 700m Within a Week of TGE? Analyzing the Packaging Strategy

MegaETH created a flywheel with USDm, aiming to attract a large number of users and funds in the short term.

Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees

Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.

a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong

Ben Horowitz, co-founder of a16z, delivered a powerful talk: The two traditional moats of software in the AI era have been erased, and entrepreneurs must seek "new barriers" beyond code and UI.

Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends

After MSTR's financial report showed continued net losses, Saylor changed his stance: Bitcoin is no longer "never to be sold" and can be used as a payment tool.

The toll station at Hormuz and the RMB that cannot be bought

The disorder of the US dollar is giving rise to a new situation in global settlement: gold is being redefined as a "bridge," the CIPS system is expanding rapidly, and global funds are quietly opening up a new channel for the renminbi, which is "hard to obtain."

Morning Report | MoonPay acquires Solana's execution layer DFlow; Strategy releases Q1 financial report; Manta Network announces the termination of Manta staking program

Overview of Important Market Events on May 6th