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 <p class="is-style-lead">The newly famed meme coin in the market, HarryPotterObamaSonic10Inu, has constantly fallen over the past week while its <a rel="noopener noreferrer nofollow" title="social" href="https://thebittimes.com/tag/social.html">social</a> dominance witnessed a small rise.</p> 
 <p>Santiment data shows that HarryPotterObamaSonic10Inu was developed in mid-May with the “BITCOIN” ticker and a starting <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of around $0.002. Since then, the asset has risen by more than 6,300% and reached an all-time high (ATH) of $0.1977 on Aug. 20.</p> 
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  <img decoding="async" width="1024" height="347" src="https://cdn.thebittimes.com/images/2023/08/23/291d6308f03ef27cedd0709dac7b766f.webp" alt="HarryPotterObamaSonic10Inu price plunges while social activity hikes - 1" class="wp-image-14187572"> 
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    HarryPotterObamaSonic10Inu price, whale activity and social dominance – Aug. 23 | Source: Santiment 
  </figcaption> 
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 <p>However, the meme coin, dubbed “the people’s Bitcoin” on <a rel="noopener noreferrer nofollow" title="social" href="https://thebittimes.com/tag/social.html">social</a> media, has plunged 19.3% in the past 24 hours. The drop comes despite a high 24-hour trading volume of $16.7 million, a 12.2% rise.</p> 
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 <p>On-chain data shows that HarryPotterObamaSonic10Inu’s market capitalization has reached $129 million with 10,760 unique addresses holding the asset. The so-called “people’s Bitcoin” is trading at $0.126 at the time of writing.</p> 
 <p>According to data provided by the market intelligence platform, HarryPotterObamaSonic10Inu’s <a rel="noopener noreferrer nofollow" title="social" href="https://thebittimes.com/tag/social.html">social</a> dominance has been consistently rising since Aug. 19 after taking a deep dive the day before.&nbsp;</p> 
 <p>On the other hand, the asset’s daily whale transactions consisting of at least $100,000 worth of HarryPotterObamaSonic10Inu coins dropped by 75% over the past day — falling from 12 trades to only 3 in the past 24 hours.&nbsp;</p> 
 <p>The meme coin’s top whale transactions reached an ATH of 16 on Aug. 17 as the asset’s <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> took a deep dive from $0.17 to $0.12 in less than 4 hours.</p> 
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HarryPotterObamaSonic10Inu price plunges while social activity hikes

TheBitTimes

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