💥 Meme Coins Face Market Bears
The recent peak in cryptocurrencies, including PEPE's all-time high (ATH), has given way to a bearish trend in the market, alarming meme coin investors. Here's a look at the current prices of top meme coins:
🔸 DOGE Price Update
DOGE, the leading meme coin by volume, is showing signs of weakness. Currently priced at $0.1497, it has seen a 3.93% drop in the past 24 hours. Over the past week, DOGE has declined by 1.52%, with its market cap now at $21.6 billion and a 24-hour trading volume of $1.376 billion, down 21% from the previous day.
🔸 SHIB Price and Commentary
The SHIB community is increasingly questioning the Shiba Inu development team as SHIB narrows the gap with DOGE. SHIB is currently trading at $0.00002453, after a 2.86% decline in the past 24 hours. Despite this, SHIB has risen 4.35% over the past week, bringing its market cap to $14 billion. Its 24-hour trading volume stands at $832 million, a 19% decrease from the previous day.
🔸 PEPE's Decline from ATH
After hitting a new ATH on May 15, PEPE has begun to decline, possibly due to whale sell-offs. PEPE is now priced at $0.00001006, down 4.65% in the past 24 hours and 13% below its ATH of $0.00001156. However, the coin has still seen a 17% increase over the past week, keeping investors optimistic.
