Meme Coin Massacre: DOGE, SHIB, WIF, and More Crash to Multi-Month Lows
Check out which meme coins were the worst affected by the reigning market crash.
Keep up with what's happening in the crypto world in real-time.
Check out which meme coins were the worst affected by the reigning market crash.
Here is how some of your favorite assets concluded the week.
WIF's trend reversal odds depend on a lot of varied factors.
Memecoin price, a native ecosystem token of Memeland, has witnessed a notable decline in value recently. Over the past week, the MEME has charted a descending trend, suggesting that bears have taken control amidst broader market corrections.
Dogwifhat (WIF), Solana's SHIB copycat, logs the worst plunge amid all the top 100 cryptocurrencies. However, during this dump, one of the most convinced whales exits with breathtaking profits.
A widely followed cryptocurrency analyst believes one (DeFi) token in the Ethereum (ETH) ecosystem is setting up for a push to higher levels.
In 2024, the Solana ecosystem became a major force in the crypto market. The Solana token (SOL) has surged over 10x from its bear market lows and is nearing its all-time high in market cap. Tokens within the Solana ecosystem, including Jupiter, Render, and WIF, have also shown impressive gains.
Solana has fallen more than any of the top 10 cryptocurrencies, bringing its meme coins with it. One of the newly launched Neiro coins has lost 44%.
Meme coins like Mog Coin (MOG), Dogwifhat (WIF), and JasmyCoin (JASMY) led losses on Thursday as concerns about the crypto industry continued. MOG token slumped by over 14% while WIF and Jasmy fell by 10%. Other popular tokens like Book of Meme (BOME) and Bonk were among the top laggards.
Altcoins dogwifhat, Bonk, THORChain, and Jupiter have suffered losses above 10% as Bitcoin dipped 4% in the last 24 hours.
After the recent kerfuffle over the movement of the US government's Silk Road Bitcoin, it appears that the king of the cryptocurrencies is not quite ready to begin its big upside move just yet. When it does, prominent memecoins, such as $WIF, $BONK, and $BRETT, will be ready for this green light.
Cryptocurrency prices continued their strong rebound on Monday as investors reflected on the recent Bitcoin conference in Nashville. Bitcoin roared back above $70,000 for the first time since June 7th. Most meme coins and altcoins also bounced back on Monday. Book of Meme (BOME), a new Solana meme coin, rose to $0.
The Solana blockchain boasts several prime memecoins, but four projects stand out for their excellent profit potential: Husky Inu ($HINU), Bonk ($BONK), Dogwifhat ($WIF), and BOOK OF MEME ($BOME).
Solana-based memecoins are doing well. Can they do better though?
Bitcoin (BTC) has risen over 4% during the past 24 hours as it recovers after finding support between $63,000 and $63,500. On Thursday, BTC faced significant selling pressure, dropping to a low of $63,479 before rebounding from the 50-day SMA and reclaiming the crucial $65,000 level.
The 2024 bull run has been immensely profitable to crypto investors. While the run continues, investors must watch for the next potentially profitable project to add to their portfolio.
Meme coin trading on the Solana network has exploded over the last year, with the likes of BONK, Dogwifhat, and POPCAT going from below $1 million to over $1 billion in market cap. There have been other successful coins as well running into the hundreds of millions in market cap.
Investors must look for alternative profit opportunities beyond established projects such as Bitcoin ($BTC) in the volatile crypto world. Although they come with more risk, memecoins offer a great way to make substantial returns.
The cryptocurrency market is showing signs of robust growth, particularly in the meme coin sector, despite the recent market crash. POPCAT, WIF, and PEPE lead this trend, poised for significant returns.
Memecoins in the Solana ecosystem continue to outperform the wider crypto market by generating double-digit weekly gains.
The world's largest crypto asset has outshined the memecoin's ambition to debut on the Vegas Sphere.
Bitcoin (BTC) fell below the crucial $66,000 mark on Tuesday as markets prepared for a short-term correction. However, the long-term prediction for BTC and other altcoins remains bullish.
Bitcoin has made an appearance on the Las Vegas Sphere, a colossal globe-like screen visible from miles away, courtesy of an advertisement from crypto exchange Crypto.com.
The cryptocurrency market is experiencing a significant shift in momentum as the Solana price hurtles towards $200. This increase is boosting investor confidence and creating a positive outlook for related tokens like WIF, BONK, and MEW.