PEPE, FLOKI, BONK Dip as Market Shifts to Neutral
Release: 2024/01/15 22:04 Reading: 640
- Pepe’s 1.65% price dip mirrors the market’s cautious mood amid declining Bitcoin ETF excitement.
- Floki’s staking surge contrasts with a 19% monthly price drop, testing investor resilience.
- BONK introduced ‘PooperScooper,’ an asset management tool, but it still faces a 5.47% price decline.
The cryptocurrency market has recently experienced ups and downs, with leading digital currencies showing signs of volatility. Bitcoin, the front-runner in the crypto world, has seen a notable decline. This shift comes as the initial excitement surrounding exchange-traded funds (ETFs) tracking Bitcoin wanes. Meanwhile, the Crypto Fear and Greed Index, a measure of market sentiment, has retreated to a “neutral” position, reflecting a growing wariness among investors, according to CoinStats.
Meme Coins PEPE, FLOKI and BONK Follow Trend
Meme coins were not left behind, as Pepe and Floki have also encountered their share of market fluctuations. Pepe, the frog-themed cryptocurrency, has declined to $0.000001226, marking a 1.65% dip over the last 24 hours. In addition, PEPE’s market capitalization and 24-hour trading volume dipped by 1.76% to $515,721,829.
The post PEPE, FLOKI, BONK Dip as Market Shifts to Neutral appeared first on Coin Edition.
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