If you've been keeping an eye on the crypto markets, you know things got pretty wild on November 3, 2025. Prices tumbled across the board, with Bitcoin dipping below $106,000 and the overall market cap shedding about 3.5% to hover around $3.69 trillion. But what's really catching the attention of meme token fans is how this sell-off is shaking up the fun, volatile world of meme coins. Crypto journalist Laura Shin jumped into the fray with a timely live session on her show Bits + Bips, breaking down the chaos and pondering if this is that classic "blood in the streets" moment where smart buyers scoop up deals.

What's Behind the Crypto Dip?

A sell-off in crypto terms is basically when a bunch of investors decide to cash out at the same time, driving prices down fast. This time around, a few big factors seem to be at play. First off, there's a major hack on a decentralized finance (DeFi) protocol called Balancer, which led to millions in losses and spooked the market—Ethereum took a 7% hit alone because of it. DeFi is like traditional banking but on the blockchain, where people lend, borrow, and trade without middlemen, so hacks like this can ripple out big time.

On top of that, the U.S. Federal Reserve dropped some hawkish comments—meaning they're signaling tighter monetary policy, like higher interest rates—which isn't great for riskier assets like crypto. This led to over $400 million in liquidations, where leveraged trades (bets using borrowed money) get forcibly closed, adding more selling pressure. And let's not forget the end of the "Uptober" rally; October 2025 was supposed to be another winning month for Bitcoin, but global macro shocks flipped the script.

For more details on the market slide, check out CoinDesk's coverage or CNBC's report on the Ether drop.

How Meme Coins Are Feeling the Heat

Meme coins, those community-driven tokens often inspired by internet jokes or trends (think Dogecoin with its Shiba Inu mascot or BONK on Solana), are notoriously swingy. They're not backed by much utility but thrive on hype and social buzz. In this sell-off, they're getting hit hard. BONK, a popular Solana-based meme token, broke through key support levels and dropped to around $0.00001232, as sales swept through the ecosystem. Dogecoin slid below $0.18, with traders cutting back on leverage as the meme momentum fizzles.

Solana-linked memes are particularly vulnerable right now, with Solana itself down over 8%. Why? Solana's fast, cheap transactions make it a hotspot for meme trading, but when the broader market tanks, these high-risk plays suffer the most. Other meme coins like TRUMP are also in the spotlight, with investors warned about their boom-and-bust nature—prices soar on launch hype but can crash just as quick.

If you're curious about top meme picks amid the dip, articles like Cryptodnes' list highlight Dogecoin, TRUMP, and some low-cap gems as potential buys.

Laura Shin's Live Take: Buy the Dip?

Enter Laura Shin, a veteran crypto reporter and host of the Unchained podcast. In her tweet announcing the live Bits + Bips session, she captured the mood perfectly: "💀 Blood in the streets, fear on the charts. We’re talking what’s driving this sell-off... and whether it’s a buying moment." The phrase "blood in the streets" comes from old-school investor Baron Rothschild, who said to buy when there's panic and sell when everyone's euphoric.

Shin's live broadcast (catch it here) dove into the drivers of the dip and debated if this is a golden opportunity. For meme token hunters, her insights are gold—meme coins often rebound wildly after dips if community sentiment flips. But she likely cautioned balance: while dips can be buys, they're risky if the macro environment stays sour.

Community reactions to her tweet were mixed, with some calling it a "trap" and others seeing it as a chance for "discounted green" (meaning cheap buys that could turn profitable). One user quipped their portfolio was "auditioning for a horror movie," summing up the fear gripping holders.

Should You Jump In on Meme Tokens Now?

If you're a blockchain practitioner eyeing meme coins to diversify or just for the thrill, this sell-off could be intriguing. History shows crypto bounces back, and meme tokens can multiply fast in bull runs. But remember, they're speculative—do your research, don't invest more than you can lose, and watch for signs like recovering Bitcoin prices or easing Fed talk.

For more alpha on meme tokens during volatile times, stay tuned to Meme Insider. We've got your back with the latest news and knowledge to level up your crypto game.

See the original tweet here.