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Cryptocurrency News Articles

All the largest cryptocurrencies are losing value today, on May 17, 2025. Meanwhile, top meme cryptocurrencies are among the worst sufferers of the ongoing capitalization drop.

May 17, 2025 at 07:34 pm

Bonk (BONK), a large community meme coin, is the second worst performer in the top 100 cryptos today. After an 11.3% price drop, BONK is changing hands at $0.00001892.

All the largest cryptocurrencies are losing value today, on May 17, 2025. Meanwhile, top meme cryptocurrencies are among the worst sufferers of the ongoing capitalization drop.

The largest cryptocurrency, Bitcoin (BTC), is down by 0.8%. The orange coin is trading at $103,014 as its capitalization attempts to hold above the $2 trillion level.

The second biggest crypto, Ethereum (ETH), is hit even worse. After a 5.1% drop, its price dipped below $2,500, while its capitalization barely exceeds $300 billion.

In the segment of mid-cap and small-cap altcoins, the situation looks similar. A major meme coin, Floki (FLOKI), lost its place in the top 100 cryptos by capitalization. A sudden 11% overnight drop pushed the FLOKI price to $0.00009205.

Mog Coin (MOG) and Popcat (POPCAT) are both amid the worst performers in the segment here with 10% lost in 24 hours.

Original source:u

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