On July 8, the majority of altcoins were seen in the red, including BRETT, PEPE, WIF, which fell over 10% as Bitcoin, the world’s largest cryptocurrency, dropped 4% in the past day.
At the time of writing, BRETT, the meme coin inspired by a character from the “Boy’s Club” comic, was still down 8% in the last 24 hours and 30% in the last 7 days. Over the last day, the crypto asset’s trading volume was hovering around $49.1 million. Moreover, the meme coin’s market cap has also fallen to $1.12 billion, bringing it down to the 62nd largest cryptocurrency per CoinMarketCap (CMC).
Ethereum-based meme coin PEPE topped as the biggest loser on Monday morning, with a drop of 12% over the past day. Over the last week, the meme coin has also dropped by a major 30%. At press time, the meme coin inspired by the famous green frog meme had a daily trading volume of $768 million, while its market cap had fallen to $3.47 billion and now ranks as 24th among the top 100 largest cryptocurrencies.
PEPE 24-hour price chart | Source: CoinMarketCap
Meanwhile, Solana-based meme coin WIF was still down 11% over the last day, exchanging hands at $1.66 at the time of publication. Over the past week, the token also precipitated under 27%. Meanwhile, the dog-themed meme coin wearing a knitted pink hat has experienced a 14% rise in its daily trading volume, hovering around $468 million. Its market cap had fallen to $1.6 billion.WIF 24-hour price chart | Source: CoinMarketCap
