According to Lookonchain, the top 10 MEMEcoins have experienced a significant average decline of 63.73% from their peak values over the past year. Specific declines include DOGE (-57.93%), SHIB (-70.86%), PEPE (-58.16%), WIF (-70.93%), BONK (-64.63%), FLOKI (-65.97%), BRETT (-62.59%), POPCAT (-43.77%), BOME (-79.48%), and MEW (-62.99%). This trend indicates a substantial bearish movement in the MEMEcoin market, which traders should consider when making investment decisions.