Meme Cryptos Defy Market Trend: BONK, WIF, POPCAT Lead Gainers
Despite the crypto market's sharp decline, meme cryptocurrencies are bucking the trend. While major players like SHIB and DOGE struggle, lesser-known meme coins are outperforming.
Top Gainers:
1. Bonk (BONK) - up 7.1%
2. Dogwifhat (WIF) - up 7.1%
3. Popcat (POPCAT) - up 2.4%
Notable Performances:
-Dogwifhat (WIF) saw $2.17 million in liquidations from short sellers.
- Popcat (POPCAT) remains the only cat-coin in the top 100.
Market Struggles:
- Bitcoin (BTC) down 3.1%
- Ethereum (ETH) down 2%
- Shiba Inu (SHIB) down 6.4%
- Dogecoin (DOGE) down 5.4%
Other Meme Coins:
- Dogs (DOGS) lost 8.1% of its market cap.
- BabyDogeCoin (BABYDOGE) down 5.1%
The unexpected surge of these meme cryptocurrencies has caught investors' attention, while major players face challenges.