So, here we are, in the thrilling world of cryptocurrency, where the only thing more volatile than the market is my morning coffee. And guess what? Pepe (PEPE), the froggy darling of the meme coin universe, is having a bit of a moment. Or should I say, a *meltdown*? 😱
Meme coin apathy: Pepe (PEPE) breaks trends
In the last 24 hours, Pepe (PEPE) has taken a nosedive from $0.00000730 to $0.000007. Yes, you read that right. It’s the only meme coin in the red among the top 100 cryptocurrencies. Talk about being the black sheep of the family! 🐑
But wait! Before you start sending Pepe to the crypto retirement home, let’s look at the weekly chart. In the last seven days, our little green friend has surged by over 6%! 🎉 That makes it the seventh fastest-growing altcoin in the top 100. Who knew frogs could leap so high? 🐸
Meanwhile, in the meme coin jungle, only two categories managed to post double-digit gains in 24 hours: Solana (SOL) Meme coins and PolitFi meme coins. The rest? Well, let’s just say they’re about as exciting as watching paint dry. 🎨
Floki (FLOKI) and Dogwifhat (WIF) are also up by a measly 1.2%-1.5%. I mean, come on, guys! Where’s the enthusiasm? The market benchmark is down by 0.2%, while Bitcoin (BTC) is up by 0.9%. Ethereum (ETH) is trying to keep up with a 1.2% gain, but it’s like watching a tortoise in a race. 🐢
In the last 24 hours, a whopping $163 million worth of cryptocurrency positions were liquidated. And guess what? Over 66% of those were short positions opened by the bears. Looks like someone’s having a bad day! 😬
Dogecoin (DOGE) loses 10% in seven days, pessimism takes over
And then there’s Dogecoin (DOGE), the meme coin that just can’t seem to catch a break. With almost 10% weekly losses, it’s back in the spotlight, but not for the right reasons. A “death cross” was registered this week, which sounds like something out of a horror movie. 🎃
Things are looking grim for Dogecoin (DOGE) bulls. Dipping below $0.15 this week, it’s erased all gains since mid-October 2024. Ouch! That’s gotta hurt. 😢
To add insult to injury, Dogecoin (DOGE) has been replaced by Cardano (ADA) as the seventh largest altcoin by market cap. And if it’s not careful, it might just get eclipsed by Tron (TRX) and lose another spot in the top 10. Talk about a fall from grace! 😱
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2025-03-15 18:22