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The shenanigans in Dogecoin’s kennel have hit a lull—yup, DOGE’s fiery ascent just cooled off after a week of wild frolic. Yet, there’s a new meme beast in town, wagging its digital tail and grabbing the market’s attention with a howl.

DOGE Slumps After Buzz-Driven Spike

Dogecoin’s been playing the waiting game, now loitering at $0.38, which marks a 0.5% drop in a day and 2.5% down from last week, per CoinGecko’s numbers. That ain’t too rough for DOGE, who’s got a taste for chaos. Last week saw it hit a fresh high at $0.43, spurred by Bitcoin’s all-time high, but it’s been in snooze mode since hitting $0.40 earlier this week.

Old-School Dog Tokens Fade, But FLOKI’s Barking Loud

It’s not just DOGE takin’ a breather—Shiba Inu (SHIB), Bonk (BONK), and Dogwifhat (WIF) are feeling the market blues too. Only BONK managed to stay in the green over the last week, while others seem pooped. FLOKI, though, got a second wind after Coinbase’s midweek nod, snatching a 15% gain on the week. Looks like the old dogs might need a nap.

CHILLGUY, the New Pup, Sniffs Out 400% Gains

But hold on, because a new mutt’s making a scene—Just a Chill Guy (CHILLGUY) is the latest meme hound that’s rocketed up 400% in just one day. The Solana-spawned token, piggybacking off a viral TikTok clip of a dressed-up cartoon pooch, now trades at $0.41 with a market cap surpassing $408 milly. This pup launched only days ago, yet it’s already howling louder than the old pack.

Hype Burnout and the Altcoin Squeeze

The meme coin gang’s getting hit by the “buzz burnout.” DOGE lives off hype, and with the Trump win chatter and Musk’s hint-dropping about his Department of Government Efficiency (D.O.G.E.) fading into the rearview, the spark’s sputtering.

Wintermute’s top gun Jake Ostrovskis reckons it’s not just DOGE: “There’s soft paws all around in the altcoin space,” he pointed out. Bitcoin’s latest moon mission is vacuuming up liquidity, starving the meme dogs. BIT Mining’s economic chief Youwei Yang sees another play—DOGE miners are cashing out while mining profits stay fat. They’ve got bags to unload, especially with Litecoin’s merged mining boosting the profit stacks.

And even with the slowdown, DOGE still flexes—a 163% run-up in 30 days ain’t too shabby. Musk’s tweetstorms, now a staple in the DOGE scene, keep the cult fueled, with DOGE’s cap holding strong above $55 billion.