Pepe, DogWifHat prices drop, traders turn to Wall Street Pepe 🔥🔥🔥
Tap the avatar live, don't miss the bull market
Popular coins like Pepe and DogWifHat have seen significant declines in the past 24 hours.
Meme coin momentum has sharply reversed, PEPE has dropped to $0.000023, down 6% in 24 hours, with trading volume decreasing by 31%;
WIF has fallen to $2.93, breaking the 50-day EMA, down 26% from Saturday's high. The total value of the entire meme coin sector has dropped below $120 billion.
The broader crypto market is also in a pullback, with Bitcoin hovering around $100,000, Ethereum trading at $3,900, and Solana and XRP also experiencing declines. The cautious atmosphere in the market has led to liquidations, with over $201 million in leveraged long positions wiped out.
The "Christmas effect", the current pullback may just be temporary.
Tap the avatar live, don't miss the bull market.