๐Hey BTC enthusiasts!๐ The crypto market has seen a significant dip in the past 24 hours, with Bitcoin (BTC) dropping below $65,000. Ethereum (ETH) also lost its resistance level of $3,500. The meme coin sector is feeling the heat too, with Dogecoin (DOGE) down 8% daily. Other meme coins like Shiba Inu (SHIB), dogwifhat (WIF), Pepe (PEPE), and Floki Inu (FLOKI) have suffered even harsher losses. ๐ฑ
Two meme coins, MOTHER and DADDY, endorsed by celebrities Iggy Azalea and Andrew Tate respectively, were among the hardest hit. MOTHER's market cap slipped below $80 million, a drop of over 40%. DADDY, on the other hand, is trading around $0.14, a 22% daily decline. This represents a 60% drop from its peak of $0.35 earlier this month. ๐
This latest downturn in the meme coin sector serves as a reminder to investors to conduct thorough research before jumping on the bandwagon. Remember, only invest what you're ready to part with! ๐ธ
Despite the current market conditions, BTC remains a beacon of optimism. So, keep your eyes on the prize, and remember to HODL! ๐๐