BTC surged at the beginning of the year and then fell back to 92,000, Meme coins collectively plummeted, and 114514 dropped 90% in one day

GasWrangler · 2026-01-07T02:08:11+00:00

After a strong rally in early January, Bitcoin experienced a correction, currently priced at $92,488. The Meme coin ecosystem has been affected, with "114514" experiencing a decline of over 90%, reducing its market cap to $3.91 million. Other well-known Meme coins such as PEPE, NEIRO, and FLOKI have also retreated, reflecting market risk characteristics and reminding investors to be cautious of high-volatility assets.

GasWrangler

2026-01-07 02:08:11

Abstract generation in progress

【Crypto Rhythm】Entering the second week of January, Bitcoin experienced a significant correction after its strong rally at the beginning of the new year. As of January 7th, BTC is quoted at $92,488, having retreated from its previous high. This correction also affected the entire Meme coin ecosystem, with once-prominent projects plunging sharply.

The most tragic among them is the topic coin “114514.” It experienced a rollercoaster ride within just one week—initially reaching a peak market cap of $57 million, only to be followed by a ruthless sell-off. In just one day, this coin dropped over 90%, with its market cap shrinking to $3.91 million. From glory to plunge, the speed is astonishing.

Not only this extreme case, but other well-known Meme coins also did not escape the correction:

PEPE declined 10%, now priced at $0.00000653; NEIRO fell 9.34% to $0.000143; FLOKI dropped 9.64% to $0.0000559; PENGU was relatively resilient, only falling 7.36% to $0.0128; BONK took the hardest hit, down 13.51% to $0.0000116; PNUT decreased 14.66% to $0.09; BOME retreated 11.84% to $0.000774.

This correction reflects a typical market characteristic: after a frenzy of rising prices, risk assets are the first to be affected. Meme coins, as high-risk and highly volatile assets, experienced the most selling pressure during BTC’s adjustment. For investors chasing the highs, this serves as a profound lesson.

BTC0,61%

MEME-0,53%

PEPE-4,02%

NEIRO-1,22%

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PortfolioAlert

· 18h ago

114514 dropping 90% in one day? How much can one cut, haha It's both new coins and Meme tokens. In this market, just surviving is already good BTC has fallen back, so don't even think about other coins. It's a pattern It seems the frenzy at the beginning of the year was really just a few days. Now it's time to wake up PEPE, NEIRO, these old projects are all falling, indicating no one can withstand the correction The sell-off wave is coming, everyone must bow their heads obediently From 57.03 million to 3.91 million in a week, this is the fate of Meme coins

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GamefiEscapeArtist

· 01-07 02:38

114514 This wave of cutting leeks is too fierce, giving away 90% in a day directly. This is the fate of meme coins.

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TopBuyerBottomSeller

· 01-07 02:38

114514 drops 90% in one day, this is the fate of meme coins—a quick in and out game.

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CryingOldWallet

· 01-07 02:35

114514 drops 90% in one day? Haha, this is meme coin territory, everyone bought into the story. --- It's the same old script for New Year’s profit-taking, after BTC rises, meme coins follow to their demise. --- When it drops 90%, you should ask yourself: is this really investing or gambling? --- The hype around topic coins goes like this: the last people to buy at high prices always get burned. --- Pepe Neiro can still hold on, but pure hype coins like 114514 will eventually zero out. --- I just want to know who didn’t run when it hit $57 million. --- Meme season comes and goes, wallets are drained, just a cycle. --- This correction is normal; the crazy surge last week was already unreasonable. --- Everyone says don’t touch topic coins anymore, but people get hyped again after a dip, and another wave starts.

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GhostInTheChain

· 01-07 02:26

114514 this move is really incredible, 90% in one day, I almost took off my pants but nothing happened

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WalletManager

· 01-07 02:21

114514 drops 90% in a day, this is the consequence of not properly isolating private keys. On-chain data has already signaled this, yet some people still insist.

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TokenomicsDetective

· 01-07 02:20

114514 a day at 90%, how crazy is that? Playing meme coins is really just gambling.

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