Dogecoin (DOGE), Shiba Inu (SHIB) and Dogwifhat (WIF) corrected sharply as the entire cryptocurrency market sold-off on Aug. 2. Data from CoinMarketCap shows that the total market capitalization of memecoins has dropped in the last 10 days, falling 21.5% from $54.70 billion on July 22 to $42.91 billion on Aug. 2. The total daily trading volume across the memecoin sector has dropped by 21% over the same period. Mog Coin (MOG) declined the most, losing 12% of its market value over the last 24 hours. Book of Meme (BOME) followed with a 9% loss, and WIF came in third after declining 6% over the sa…