From Gains to Losses: Dogecoin’s Rollercoaster Continues
Meme Coin Carnage: BONK, WIF, and AI16Z See Double-Digit Declines
Crypto Crash Hits Meme Coins Harder: Popcat Down 16%
Dogecoin Leads Losses Among Top Cryptos: What’s Behind the Drop?
Meme Coin Meltdown: Why Akuma Inu Is the Lone Survivor
Crypto Predictions vs. Reality: Dogecoin’s Path to $1 Faces Hurdles
Dogecoin Drops: Dogecoin fell nearly 10% in the past 24 hours, leading losses among the top 10 cryptocurrencies.
Meme Coin Declines:
Solana-based meme coins Bonk (BONK) and Dogwifhat (WIF) dropped ~11%.
AI-themed meme coin AI16Z saw a 15% decline.
Other meme coins like Floki (FLOKI), Brett (BRETT), and Gigachad (GIGA) fell ~11%, while Popcat (POPCAT) dropped ~16%.
Exception in the Market: Akuma Inu (ETH Layer-2 Base token) surged by 55% in a day and 264% for the week.
Market Sentiment: Negative sentiment driven by mixed U.S.
economic data, particularly stronger-than-expected job openings, contributed to market-wide declines.
Broader Crypto Declines:
Bitcoin fell 4%, from ~$101,000 to ~$97,856.
Ethereum, Dogecoin, and Solana lost ~7%, 10%, and 6%, respectively.
Dogecoin Outlook: Despite recent losses, Dogecoin started the year strong, briefly hitting ~$0.40. Crypto firm Galaxy Digital predicts Dogecoin may reach $1.00 by 2025.
Meme Coin Volatility: The sharper declines of meme coins compared to major cryptocurrencies underscore their higher volatility and unpredictability.
Kazakhstan Shuts Down 3,500 Unlicensed Crypto Exchanges Linked to Crime and Fraud