Memecoin Market Crashes as the LIBRA Token Implodes, Whales Exit Liquidity Pools, and the Broader Market Falters

The memecoin sector crashed on Feb. 25, with major tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) suffering double-digit losses.

Major memecoins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), experienced double-digit losses on Saturday as the memecoin sector faced a wave of panic selling.

The downturn follows the collapse of the Libra token, a Solana-based project linked to Argentine President Javier Milei, which crashed over 90% in days after insiders offloaded $87-110 million, sparking widespread distrust in memecoins.

At the same time, whales drained liquidity pools, leaving speculative tokens vulnerable to free falls.

Moreover, Bitcoin (BTC) consolidating below $96,500 and rising U.S. Treasury yields are pulling capital away from riskier assets like memecoins.

DOGE has fallen nearly 5%, now trading at $0.20005, down from an intraday high of $0.21390.

SHIB is down 1.87%, slipping to $0.000013386, continuing its downward trend.

PEPE has lost over 4.4%, trading at $0.0000075409, reinforcing the sell-off.

Political memecoins are also suffering. TRUMP has plunged to $12.687, down nearly 90% from its December peak of over $60.

The biggest loser remains LIBRA, now at $0.1226, down over 16% on the day and nearly 90% from its Feb. 2025 high.

The collective drop underscores the liquidity crisis hitting the memecoin sector. Whales exiting liquidity pools, combined with the aftermath of the Libra token collapse, have triggered a mass sell-off, leaving tokens with little support. Unless sentiment shifts, memecoins could see further pain in the coming days.