Cryptocurrency

Pepe

Dogecoin

Shiba Inu

<ul>
 <li><strong>Cryptocurrency market faces downward pressure post-halving and volatility surges.</strong></li>
 <li><strong>Dogecoin, Pepe, and more experience significant price declines heightened amid trading volume.</strong></li>
</ul>
<p>In the wake of the recent halving, the cryptocurrency market has been grappling with downward pressure, with key indicators reflecting a mixed sentiment among traders. As of today, the total market capitalization stands at $2.37 trillion, marking a 3.76% decline, while trading volume has surged to $85.03 billion, up by 18%. The Fear &amp; Greed Index sits at 62, indicating a neutral market sentiment.</p>
<p>Bitcoin (<a href="https://thenewscrypto.com/hong-kong-spot-bitcoin-and-ethereum-etfs-set-to-debut-on-april-30/" target="_blank" rel="noopener noreferrer nofollow">BTC</a>) is currently trading at $64,228, reflecting a 3.68% decline, while Ethereum (ETH) is priced at $3159, down by 2.84%. However, traders are closely monitoring the performance of meme coins, which have become a focal point amidst the broader market volatility.</p>
<h3 class="wp-block-heading" id="h-dogecoin-doge">Dogecoin (DOGE)</h3>
<p>Dogecoin, a perennial favorite among traders, is currently trading at $0.1513, experiencing a 6.25% decline over the past 24 hours. Despite the downturn, trading volume has surged by 24%. With Dogecoin trading at a six-day low of $0.1488, it remains 79% below its all-time high. The daily Relative Strength Index (RSI) stands at 42, with bullish projections aiming for $0.1763, while bearish pressures could drive it down to $0.1398.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/qgJvgWbx6rfQiICIT7IdHQAxvA65n69kOEQqcjjp5iwIQGmyOKTInbKSN0kbzhYz9XQBOnFhaoK-nkfv0rM2dT3mgbPxgLU75LKO5_SCN7u-wsd8WM64GjcrEEpmpYxkq85qN61kHKC4u1_bsIpzaPs" alt="">
</figure>
<h3 class="wp-block-heading" id="h-pepe-pepe">Pepe (PEPE)</h3>
<p>Pepe, another prominent memecoin, is priced at $0.000007262, reflecting an 8.94% decline over the past 24 hours. Trading volume has also seen a notable increase of 24%. Pepe is currently <a href="https://coinmarketcap.com/currencies/dogwifhat/" target="_blank" rel="noopener noreferrer nofollow">trading</a> 33% away from its all-time high, with the daily RSI at 45. Bullish forecasts suggest a potential rise to $0.00000820, while bearish pressures could push it down to $0.00000397.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/l3HpWmFx1J_50ABMLqdgPqmKUEJmRR2zbSdRfCKBWGEyEkes-NR3PVtySz5_kHllk7HOwNsimLFNP2efGQBjHvgnpKj3GmmfYn2hkVOion1GhzuJKti7IlFkvj6RSVBBvaLb8QaSbuRlbUlKSP956EY" alt="">
 </figure>
</div>
<h3 class="wp-block-heading" id="h-dogwifhat-wif">Dogwifhat (WIF)</h3>
<p>Amid the memecoin downturn, Dogwifhat (WIF) has witnessed a significant downturn, trading at $2.94, marking a 13% decline over the past 24 hours. However, trading volume has increased by 16%. WIF is currently 33% away from its all-time high, with a daily RSI of 49. Bullish projections anticipate a rise to $3.149, while bearish pressures could pull it down to $2.318.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/EcLt0OLapmddwKKETI0ue8AzfYlOTz4x7PnpvVCjhtQRGjNIISeFs7PR5wHCUzyNeL_HsM5OV2ITMBsMdHXEDnBaoUgCNdK7Sak_5koH7noSeT02wbR13BQgPNV8Skq9Nd0r0DzlcMBtPrbteKAzD-E" alt="">
 </figure>
</div>
<p>Further, Floki had a 7% decline and Shiba Inu saw a drop of 7.63% in the past 24 hours. Concludingly, as traders navigate the turbulent market conditions, the performance of memecoins continues to draw attention, with both volatility and trading activity on the rise.</p>

Memecoin Bears Take Flight Amidst Market Volatile Sentiment

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