The meme coin sector has taken a nosedive as market capitalization plummets to around 75 billion dollars. Coins like WIF, PEPE, and PENGU are leading this decline, impacting investor confidence in one of crypto’s most whimsical niches. As the market corrects itself, many wonder if these meme coins can recover and regain their previous heights. Investors should stay alert for potential rebounds or further dips in this volatile landscape.