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Thursday, November 7, 2024
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    bitcoin
    Bitcoin (BTC) $ 74,852.05
    ethereum
    Ethereum (ETH) $ 2,814.04
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 591.47
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 0.545078
    binance-usd
    BUSD (BUSD) $ 0.998537
    dogecoin
    Dogecoin (DOGE) $ 0.186861
    cardano
    Cardano (ADA) $ 0.372917
    solana
    Solana (SOL) $ 186.94
    matic-network
    Polygon (MATIC) $ 0.339491
    polkadot
    Polkadot (DOT) $ 4.07
    tron
    TRON (TRX) $ 0.160219
    HomeExchangeMemecoins Endure Large Losses as Bitcoin Value Falls Under $70,000

    Memecoins Endure Large Losses as Bitcoin Value Falls Under $70,000

    • Mog Coin (MOG) fell by 9.96% within the final 24 hours.
    • NEIRO and BRETT additionally fell by 10.8% and seven.55% respectively.
    • POPCAT and DOGE are up 56.69% and 46.46% during the last 30 days.

    Memecoins noticed a significant crash after Bitcoin (BTC) fell under $70,000, signaling a downtrend for the complete sector. General memecoins, valued at $63.5 billion, misplaced 5.9% of their worth over the previous 24 hours, with a buying and selling quantity of $8.69 billion.

    Nearly all memecoins remained within the crimson, with the most important losers being Mog Coin (MOG), Popcat (POPCAT), Brett (BRETT), and Neiro (NEIRO). Bonk (BONK), dogwifhat (WIF), Dogecoin (DOGE), and Shiba Inu (SHIB) have additionally declined over the previous 24 hours.

    In accordance with information from CoinMarketCap, MOG fell 9.96% over the previous day and is buying and selling at $0.051927, down 20.88% from its all-time excessive of $0.052445. Nonetheless, the cryptocurrency has surged 28.77% over the previous 30 days and is up 2,775.73% since October 2023.

    BRETT is buying and selling at $0.08884, down 7.55% within the final 24 hours. The altcoin is down 53.95% from its all-time excessive of $0.1939, reached in June this 12 months. Over the previous month, BRETT is barely up 1.81%, however the memecoin has surged 129.67% since October 2023.

    See also  SEC Lawsuit Alleges CZ Managed Binance US Operations

    POPCAT and NEIRO additionally suffered losses. POPCAT fell by 8.53% within the final 24 hours and is buying and selling at $1.52. POPCAT is up 56.69% within the final 30 days and 9,290.67% since October final 12 months. NEIRO fell 10.8% to $0.001498 and is down 22.7% over the previous 14 days, however is up 49.2% over the previous 30 days.

    Dogecoin and Shiba Inu additionally decline

    DOGE and SHIB, the main memecoins, fell by 7.48% and 6.55% respectively and are buying and selling at $0.1584 and $0.00001743. DOGE gained 13.2% final week and is up 46.75% over the previous 30 days.

    Additionally Learn: Past Memes: SHIBA INU's TREAT Token Offers Utility a New That means

    WIF and BONK fell by 10.42% and 5.81% respectively and are buying and selling at $2.31 and $0.00001983. BONK has fallen 19.59% over the previous 30 days however is up 2,380.46% over the previous 12 months, whereas WIF has soared 1,273.85% since October final 12 months.

    Disclaimer: The knowledge offered on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any variety. Coin Version just isn’t accountable for any losses ensuing from the usage of the content material, services or products talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

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