SPX6900 Drops as Meme Coin Market Shrinks to $54.8B
The post SPX6900 Drops as Meme Coin Market Shrinks to $54.8B appeared on BitcoinEthereumNews.com. SPX6900 leads meme coin losses with a 5.9% decline to $1.18 over the past 24 hours. BONK and Shiba Inu fell by 1.6% and 2.4%, respectively, over the same period. Overall meme coin market capitalization contracts 2.5% to $54.8 billion in total value. Meme tokens are experiencing a synchronized sell-off today, with SPX6900 leading the pack as the sector’s market cap declines by 2.5% to $54.8 billion. SPX6900 has posted the largest drops among the leading meme tokens, falling 5.9% over the last 24 hours to trade at $1.18. The token has gone on to lose across different time horizons, falling by 12.3% over seven days and 13% over two weeks. Showing short-term weakness, SPX6900 still maintains 21.1% gains over the previous month and a 7,760.5% return over the past year. BONK and SHIB Join Broader Meme Retreat BONK at $0.00001325 lost 1.6% in the past day while sustaining losses of 8.1% over the past week. The Solana-referenced meme token has been under selling pressure for longer durations, losing 7% in the past fortnight and 34% in the past month. The year-to-date performance is at 40.1% loss. BONK technical charts indicate minimal price activity in recent sessions, characterized by low volatility compared to other meme tokens. Shiba Inu continues to decline steadily, trading at $0.00001122 after declining 2.4% in the last 24 hours. SHIB has lost 4.7% over the week, 4.3% over two weeks, and 21.1% over the past month. The 34.3% decline on an annual basis reflects the difficult situation for experienced meme cryptocurrencies. Market Rankings Reflect Meme Coin Hierarchy The immediate market order places Dogecoin #9 at $0.161, down 0.6% today and 5.6% over the last week. DOGE’s relatively modest decline compared to smaller tokens suggests that institutional or longer-term participants are holding firm despite sector softness. Shiba…
The post SPX6900 Drops as Meme Coin Market Shrinks to $54.8B appeared on BitcoinEthereumNews.com.
SPX6900 leads meme coin losses with a 5.9% decline to $1.18 over the past 24 hours. BONK and Shiba Inu fell by 1.6% and 2.4%, respectively, over the same period. Overall meme coin market capitalization contracts 2.5% to $54.8 billion in total value. Meme tokens are experiencing a synchronized sell-off today, with SPX6900 leading the pack as the sector’s market cap declines by 2.5% to $54.8 billion. SPX6900 has posted the largest drops among the leading meme tokens, falling 5.9% over the last 24 hours to trade at $1.18. The token has gone on to lose across different time horizons, falling by 12.3% over seven days and 13% over two weeks. Showing short-term weakness, SPX6900 still maintains 21.1% gains over the previous month and a 7,760.5% return over the past year. BONK and SHIB Join Broader Meme Retreat BONK at $0.00001325 lost 1.6% in the past day while sustaining losses of 8.1% over the past week. The Solana-referenced meme token has been under selling pressure for longer durations, losing 7% in the past fortnight and 34% in the past month. The year-to-date performance is at 40.1% loss. BONK technical charts indicate minimal price activity in recent sessions, characterized by low volatility compared to other meme tokens. Shiba Inu continues to decline steadily, trading at $0.00001122 after declining 2.4% in the last 24 hours. SHIB has lost 4.7% over the week, 4.3% over two weeks, and 21.1% over the past month. The 34.3% decline on an annual basis reflects the difficult situation for experienced meme cryptocurrencies. Market Rankings Reflect Meme Coin Hierarchy The immediate market order places Dogecoin #9 at $0.161, down 0.6% today and 5.6% over the last week. DOGE’s relatively modest decline compared to smaller tokens suggests that institutional or longer-term participants are holding firm despite sector softness. Shiba…
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