đ The memecoin category has corrected sharply, but it is still the best performing sector of 2024!
After Fed Chairman J. Powell's speech, Bitcoin and altcoins fell sharply...
đ The memecoin sector (yellow) is the one that has been most impacted by the fall of Bitcoin. The GMCI MEME index went from 550% increase in 2024 to 315% in the space of a few days.
Despite this downward volatility, the sector remains the best performing cryptocurrency sector in 2024, and by far! The second best performing sector according to The Block is artificial intelligence (AI) with 110%...
You have to have a strong heart to invest in memecoins!
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