The coin market has taken a massive hit, down roughly 50% over the past three months. Some tokens have dropped over 90% from their all-time highs. Painful? Yes. Unexpected? Not really.

A few analysts are calling this a necessary cleanup, shaking out weak projects and excessive hype. But not every meme coin is in the same boat.
Here's a quick look at the big names:
DOGE still shows one of the cleaner structures, with cautious optimism for a potential move ahead. SHIB has a strong community, but its valuation leans heavily on hype rather than fundamentals. BONK is facing serious questions about long-term strength and its ability to recover. FLOKI is dealing with similar momentum struggles. PEPE looks like a mid-tier contender that might have a better shot at surviving into the next cycle.
The broader market seems to be shifting from pure narrative plays toward projects with real utility and actual demand.
Not every dip turns into a comeback. Some projects recover. Others just fade away.
The next cycle will likely reward quality over hype.
Not financial advice. Always do your own research#SummerCreationCamp #GateSquare .