Despite the ongoing downturn in the crypto market, popular memecoins such as $DOGE, $SHIB, and $PEPE are still holding significant market caps. However, amid this uncertainty, investors are left questioning whether these tokens are on a trajectory towards irrelevance or if they can stage a remarkable comeback. Many enthusiasts remain hopeful for a revival of the bull market, which could reignite interest and drive prices higher for these beloved tokens. The memecoin community continues to debate the future potential of these assets, especially as the market dynamics evolve. Investors are advised to tread carefully as they assess the viability of their memecoin holdings amidst this volatile landscape.