PEPE Holds 509% Lead As Meme Coins Drop in Marketwide Pullback

PEPE remains top performer as meme coins record synchronized declines across 2025 trading sessions.

ChandlerCharts links crypto pullback to global tariff fears and fading investor sentiment in November.

DOGE and FLOKI show midrange resilience while BONK and SHIB extend their year-to-date losses.

Meme coins are enduring a synchronized market pullback as PEPE, DOGE, SHIB, FLOKI, and BONK record simultaneous declines. According to data compiled by ChandlerCharts on TradingView, PEPE remains the strongest performer, holding an average growth of 509% despite the broader slump across the sector

PEPE Maintains Lead Amid Meme Coin Correction

The latest chart visualizes the percentage growth of leading meme assets since early 2024. PEPE, displayed in green, continues to outperform other tokens in cumulative gains even as the market contracts. In comparison, the average meme coin index — composed of DOGE, FLOKI, SHIB, and BONK — has slipped closer to the 150% mark.

DOGE and FLOKI, tracked in orange and yellow respectively, occupy midrange performance levels, reflecting a modest correction from their 2025 highs. Meanwhile, BONK and SHIB, shown in blue and red, have recorded the steepest drops, falling to the lowest points of the year. Despite this, PEPE’s resilience demonstrates how meme coin momentum remains uneven across the market.

Analyst ChandlerCharts shared the findings on X, stating, “Right now $PEPE is taking a hit along with everything else, so I’m fine with the dips.” He added that his concern would arise only if PEPE were underperforming disproportionately. The statement suggests that the current downtrend reflects a general market adjustment rather than token-specific weakness.

Market Analysts Cite Macroeconomic Pressure and Sentiment Shifts

The synchronized decline follows weeks of increased volatility across the crypto market. Chandler explained in a subsequent post that the correction was not triggered by exchange manipulation but by growing investor anxiety tied to macroeconomic uncertainty. He attributed the retreat to fears surrounding new tariffs and geopolitical developments that have dampened speculative trading.

“Binance didn’t cause this,” he wrote, noting that the selloff was fueled by broader investor caution. “This crash scared people and turned them off crypto. As long as we’re under threat of new tariffs and flare-ups, it’ll be hard to get them back.” The commentary highlights a macro-driven decline affecting not just meme coins but also the wider digital asset landscape.

Historical data shows that meme coin cycles often move in tandem with retail sentiment. When risk appetite fades, these tokens typically experience sharper corrections than large-cap assets. This current pullback fits that pattern, with PEPE’s outperformance offering a relative benchmark for investor confidence within the category.

Can Meme Coins Regain Their 2025 Momentum?

The critical question is whether meme coins can recover their midyear momentum as sentiment begins to stabilize. Traders are watching for confirmation of a support base forming near recent lows, a level that could attract renewed buying interest.

Despite the downturn, meme coins remain among the most active assets by trading volume. The long-term data on Chandler’s chart suggests that even after large corrections, tokens like DOGE and PEPE tend to recover when macroeconomic fears subside. The consistent alignment of market peaks and troughs across the five tokens indicates a strong correlation between investor psychology and meme coin performance.

As of November, the average growth among top meme tokens stands at approximately 151%, with PEPE still commanding a significant lead. The overall structure of the chart suggests that the group’s movements remain synchronized, implying that any sustained recovery could lift the entire meme coin segment once broader market conditions improve.