๐ Meme Coin Meltdown! ๐
- Meme coins took a hit post-Christmas, with Fartcoin (FARTCOIN) plummeting 16.8%, and Shiba Inu (SHIB) down 6.5%. Only PENGU stayed strong, rising 6% as sales soared by 127%!
- The crypto market's risk-off sentiment, coupled with low holiday trading volumes, contributed to the decline. Bitcoin also dipped, impacting altcoins.
- Profit-taking and rising bond yields add to the pressure. How will meme coins fare in 2024? Share your thoughts below! ๐ฌ
#CryptoCrash #MemeCoins #MarketTrends
