Shiba

PEPE

Shiba Inu

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/meme-coins-experience-significant-decline/" data-wpel-link="internal">Meme Coins Experience Significant Decline</a><br></p>
<p style="text-align: justify">Meme coins, often seen as the most volatile and risky side of cryptocurrencies, have started to decline again today after experiencing a rise over the past two days. Especially notable are WIF and PEPE, which made a significant impact over the last two days, as well as the <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a> leader DOGE and its closest follower Shiba Inu (SHIB), all of which have experienced declines. So, how significant are these declines?</p> 
<h2 style="text-align: justify" id="doge-coin-analysis">DOGE Coin Analysis</h2> 
<p style="text-align: justify">Dogecoin (DOGE) continues to experience a noticeable decline. Looking at the price charts related to DOGE, it is seen that its value has dropped by 2.39% in the last 24 hours, reaching $0.1209.</p> 
<p style="text-align: justify">The 7-day price outlook for DOGE indicates a 2.91% decline, while the last 1-hour <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">review</a> shows a 0.33% decrease.</p> 
<p style="text-align: justify"><b>DOGE</b> maintains a market cap of over $17.5 billion, while its trading volume is only $283 million.</p> 
<h2 style="text-align: justify" id="shiba-coin-analysis">Shiba Coin Analysis</h2> 
<p style="text-align: justify">SHIB, one of the undisputed stars of the last bull run and often referred to as the DOGE killer, has experienced a decline in the last 24 hours. The decline in SHIB during this period was 2.62%, bringing the price down to $0.00001669. The 7-day price movement for SHIB has also reached 8.20%.</p> 
<p style="text-align: justify"><b>SHIB’s</b> market cap continues to decline. As of the time of writing, the market cap is at $9.834 billion. SHIB’s trading volume has also dropped to $113 million, which means a decline of over 50%.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-366520" src="https://coin-turk.com/wp-content/uploads/2024/06/doge-coin-turk-com-2.png" alt="" width="2107" height="471"></p> 
<h2 style="text-align: justify" id="pepe-coin-decline">PEPE Coin Decline</h2> 
<p style="text-align: justify">All the gains made by PEPE, which achieved consecutive ATHs last June, have disappeared. The decline in PEPE over the last 24 hours has reached 5.93%, bringing the price down to $0.00001101. The positive outlook in the weekly view has also ended, with the 7-day price movement being negative at 6.69%.</p> 
<p style="text-align: justify">The market cap for PEPE has also fallen below $5 billion. As of the time of writing, PEPE’s market cap is at $4.632 billion. The 24-hour trading volume, which was $1 billion earlier in the week, has visibly dropped to $336 million.</p> 
<h2 style="text-align: justify" id="wif-price-plummets">WIF Price Plummets</h2> 
<p style="text-align: justify">Another meme coin that has risen since the beginning of the week but couldn’t withstand the market decline is <a href="https://en.coin-turk.com/solana-sol-price-will-it-rise-again-critical-levels-for-altcoin-and-investors/" data-wpel-link="internal">Solana</a>‘s WIF. WIF experienced consecutive increases of 19% and 12% over two days earlier in the week. The value seen today, however, is calculated at $2.02 after a 3% decline.</p> 
<p>More importantly, WIF’s 7-day outlook remains positive, unlike its competitors. WIF’s weekly price movement indicates a 13.68% increase.</p> 
<p style="text-align: justify">WIF’s market cap is seen to be over $2 billion, while its trading volume remains above $300 million, indicating more transactions than its major competitors DOGE and SHIB.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/meme-coins-experience-significant-decline/" data-wpel-link="internal">Meme Coins Experience Significant Decline</a></h5>

Meme Coins Experience Significant Decline

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