Crypto Memes for Sale: Bargain Hunting or Risky Gamble?

Today we talk about meme coins that are on sale! 🤑

DOGE and SHIB are down 6.01% and 6.13% respectively in the past few hours 😱. Even Bitcoin (BTC) has also dropped to the $100,000 price level 💔. In the past 24 hours, over $681.11 million long positions were liquidated, making the market even more volatile 📉.

Top meme coins like Dogecoin, Shiba Inu, and Pepe (PEPE) have seen significant declines, with PEPE dropping nearly 11% 😲. All of these meme coins are down by double the digital percentage in the past seven days after previously rising rapidly in the past few months 🚀.

The decline follows a broader market crash, with Bitcoin and Ether (ETH) also seeing sharp price declines ⚠️. Despite this, meme coins still have a large market cap, sitting at $117.4 billion 💰. This could be an interesting buying opportunity despite the bear market 🛒.

With $24.8 billion traded in the meme coin space in the last 24 hours, interest in the sector remains high 🔥. So, will you be hunting for a bargain or considering this a risky bet? 🤔