The Cryptocurrency market crash continues for an additional day. All the highest crypto token costs have cumulatively taken half within the freefall.
Meme cash have additionally seen little quarter from this crash. Costs have nosedived up to now week. The entire meme crypto market capitalisation has dropped by a whopping 30% within the final 24 hours.
Meme token market down by 30%
The entire meme cryptocurrency now stands at round $16 Billion. Whereas its 24 hour buying and selling quantity has surged by 73% to $4.8 billion. Nonetheless, the entire market capitalization has plunged by a large 17.3% within the final 24 hours. The cumulative market valuation stands at $1.13 trillion. The most important token Bitcoin (BTC) costs have dropped by 10% within the final 24 hours to commerce on the worth of $27,600. Ethereum’s (ETH) worth is down by over 19% within the final 24 hours. ETH is buying and selling at a median worth of $1,851.
BTC costs are buying and selling at a low of 30% within the final 7 days. This enormous worth crash has straight generated stress over the altcoins. The highest doge themed meme cash like Dogecoin (DOGE) and Shiba Inu (SHIB) have registered a drop of over 45% within the final 7 days. The current announcement and updates haven’t saved the challenge amid this crash.
DOGE down by 90% since its ATH
Charlie Bilello has shared an replace that the biggest meme cryptocurrency, DOGE’s worth has diminished by 90% from its all time excessive (ATH). That’s the day when Elon Musk made hosted Saturday Evening Dwell selling Dogecoin. DOGE is buying and selling at a median worth of $0.074, on the press time. Its worth has nosedived by 31% within the final 24 hours.
The second largest meme crypto Shiba Inu is down by 36.5% within the final 24 hours. SHIB is buying and selling at a median worth of $0.000010, on the press time. Nonetheless, its 24 hour buying and selling quantity has jumped by 36% to $1.6 billion. In the meantime, an ETH whale has taken the chance to purchase the dip. It has added over $2.3 million price of Shib tokens.
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