Top Memecoins Plunge 45% to 58% Amid Correction Phase

Several top-performing memecoins have entered a steep correction phase, dropping between 45% and 58% from their all-time highs. The list includes Bonk (BONK), Jelly-My-Jelly (JELLYJELLY), Pippin (PIPPIN), and Arc (ARC), each of which previously delivered high-yield moves during market surges. Despite the recent declines, technical charts and social momentum suggest these tokens could stage significant recoveries. Investors are watching closely as lower support levels hold and accumulation patterns begin to emerge. Although high-risk, these assets remain on watchlists due to their ability to deliver sharp, high-volume reversals during bullish swings.

Bonk has experienced a pullback of over 50% from its peak levels, reflecting a broader cooling trend among memecoins. However, it remains one of the few tokens with consistent liquidity and exchange visibility. BONK’s chart structure shows the potential for a rounded bottom, often a precursor to renewed upside momentum. Its price action has also been marked by exceptional volatility, which has historically preceded steep rallies. As memecoins re-enter speculative cycles, BONK may benefit from its earlier exposure and continued listing across multiple platforms.

Jelly-My-Jelly (JELLYJELLY) and Pippin (PIPPIN) are down by approximately 47% and 53% respectively, after posting remarkable short-term rallies earlier in the cycle. JELLYJELLY was among the fastest-moving microcaps during the Q2 rally, often seeing high engagement across social media platforms. PIPPIN similarly gained attention for its early-stage performance, though its thin liquidity remains a limiting factor. Both tokens display technical patterns consistent with oversold conditions, and watchers are monitoring for breakout signals near recent consolidation zones. Market participants are also watching whale wallet activity, which previously spiked during upward moves.

Arc (ARC) has corrected nearly 55% from its local high, putting it among the hardest-hit memecoins in this segment. However, ARC’s trading range has started to tighten, suggesting a coiling pattern that often precedes strong directional moves. Volume indicators show reduced sell pressure, while RSI levels hover near historical support zones. ARC’s prior breakout phase delivered exceptional percentage returns, making it a candidate for rebound if meme sector sentiment improves. Traders have noted its potential due to its earlier positioning during prior memecoin runs.

According to the analyst's forecast, the recent pullbacks in these memecoins could set the stage for significant upside potential. The technical indicators and social momentum suggest that these tokens are poised for a rebound. Investors are closely monitoring the accumulation patterns and support levels, which could signal the start of a new bullish cycle. While the risk remains high, the potential for sharp, high-volume reversals makes these memecoins attractive to speculative investors.