2024

when

Shiba Inu

Coin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/market-bears-dominate-meme-coins" rel="noopener noreferrer nofollow">Market Bears Dominate Meme Coins</a><br></p>
<p style="text-align: justify">The recent surge in cryptocurrency prices, highlighted by PEPE reaching its all-time high (ATH), appears to have been short-lived as <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank">market</a> bears take control once again. Over the last 24 hours, meme coins have shown a negative trend, causing concern among <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank">investors</a>. The price of leading meme coin <a href="https://en.bitcoinhaber.net/dogecoin-faces-sharp-declines-recovery-next" rel="noopener noreferrer nofollow">DOGE</a> has dropped to $0.1497, reflecting a 3.93% decrease since yesterday.</p>
<h2 id="how-much-is-1-doge-in-dollars">How Much is 1 DOGE in Dollars?</h2>
<p style="text-align: justify">DOGE, the volume leader among meme coins, is showing signs of weakness. Currently, DOGE is valued at $0.1497 after a 3.93% decline in the past 24 hours. Over the past week, DOGE has experienced a 1.52% drop. Its market capitalization stands at $21.6 billion, with a 24-hour trading volume of $1.376 billion, marking a 21% decrease from the previous day.</p>
<h2 id="shib-commentary-and-price">SHIB Commentary and Price</h2>
<p style="text-align: justify">SHIB is drawing closer to DOGE, with its community growing increasingly curious about the Shiba Inu development team. As of now, SHIB is trading at $0.00002453 after a 2.86% decline in the past day. However, a 4.35% increase over the last week has narrowed the market cap gap between SHIB and DOGE to $7 billion. SHIB’s market capitalization is currently around $14 billion, with a 24-hour trading volume of $832 million, a 19% drop from yesterday.</p>
<h2 id="pepe-moves-away-from-ath">PEPE Moves Away from ATH</h2>
<p style="text-align: justify">PEPE Coin enjoyed a stellar two days but has since started to decline. After reaching its ATH on May 15, PEPE is now trading at $0.00001006 following a 4.65% drop in the last 24 hours. The coin is currently 13% below its ATH of $0.00001156. Still, the 17% increase over the past week has been welcomed by investors.</p>
<h2 id="latest-situation-in-solana-s-wif">Latest Situation in Solana’s WIF</h2>
<p style="text-align: justify">March 2024 saw Dogwifhat (WIF) make significant gains. On March 31, the coin peaked at $4.85 but is now 41% below its ATH, achieved just 40 days ago. WIF’s current price is $2.84, following a 7.58% decline. Over the past week, WIF has lost 9.14% of its value. The market cap difference between WIF and PEPE has grown to $1.4 billion, with WIF holding a market cap of $2.8 billion and a 24-hour trading volume of $678 million.</p>
<h2 id="key-takeaways-for-investors">Key Takeaways for Investors</h2>
<p style="text-align: justify">– DOGE has seen a significant decline in both price and trading volume.<br> – SHIB is narrowing the market cap gap with DOGE despite a recent decline.<br> – PEPE has retreated from its ATH but still shows a positive trend over the past week.<br> – WIF has experienced a substantial drop from its March highs, indicating potential investor caution.</p>
<p style="text-align: justify">In summary, meme coins are currently facing a bearish market, which has led to notable declines in their prices and market caps. Investors should remain vigilant and consider these trends when making decisions.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/market-bears-dominate-meme-coins" rel="noopener noreferrer nofollow">Market Bears Dominate Meme Coins</a></h5>

Market Bears Dominate Meme Coins

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