Long traders lost a total of $1.03 million, while short trades on PEPE brought losses of $242,960, with the price falling 1.86% in 24 hours to 0000008411.
the losses of short traders were even bigger - $3.16 million, and the total losses from short trades amounted to $2.72 million.
This trend of Catizen liquidation is not unusual, as the tokens were launched after a lot of publicity on September 20. But that hype quickly subsided, and after just 24 hours, the price rose just 1.02% to $0.9294. The token's trading volume jumped more than 4,200% to $1,130,882,362, making it the most trending token at the moment.
In recent times, Catizen has also remained at the top of the charts, representing a new niche of high-performance digital tokens favored in the GameFi ecosystem.
As previously reported, Catizen was listed on Bybit, cementing its future position on the list, sparking an intense liquidation trend.
The future of the three listed tokens remains uncertain. However, #PEPE is featured in a number of high-profile figures, as reported by U. Today; WIF also continues to be one of the most successful #meme coins on the #Solana #blockchain .
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