$SOL $XRP Cryptocurrency Market Faces Uncertainty as Week Ends
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As the week draws to a close, uncertainty continues in the cryptocurrency market. Over the past two weeks, the market has suffered significantly, with Bitcoin’s price dropping from $70,000 to $58,500, causing a major shock. Although BTC’s price recovered to over $61,000, the rest of the market wasn’t as fortunate. So, what is the current situation for high-volume altcoins like Shiba Inu, Floki, and XRP?
🔸 Shiba Coin TL Overview
DOGE had gained value over the years following its emergence. After DOGE initiated the meme coin craze, another meme coin that marked 2021 was SHIB, the second-largest meme coin by volume. However, things don’t look good for SHIB today. After a 1.22% drop in the last 24 hours, SHIB’s price is at $0.00001689.
SHIB shows a 6.75% decline over the past 7 days, and a 40% drop over the past 30 days. Despite continuous burns, investors are curious when SHIB’s price will return to ATH levels, as market and trading volumes don’t look promising.
🔸 FLOKI Coin TL Value
Meanwhile, attention was on another high-volume altcoin, FLOKI. Support from major investment firms and recent burns triggered a significant rise in FLOKI’s price in the past period.
FLOKI has seen a 574% increase over the past year, indicating much higher levels before the recent declines. The price of FLOKI in the TRY pair is
#BTC✅ #BNB✅ #sol🔱 #xrp👑 #xrp👑 0.005562 TRY.