Altcoins

Meme Altcoins Tumble as Bitcoin Slips From Record High

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In the volatile crypto market, the prices of altcoins, including meme coins like Bonk, Floki, Pepe, and Doge, have seen a sharp rise. decline following Bitcoin’s decline from its recent an all-time high of $69,000 at $65,000.

Top Crypto Losers Today: Source: CoinmarketCCap

Bonk (BONK) faced a significant setback, rising 28.67% decline in the last 24 hours. Currently trading at $0.000029, Bonk’s 24-hour volume reached $1,976,455,790, with a market cap of $2,038,340,143. The circulating supply is 65,191,332,386,576 BONK coins.

Floki (FLOKI) also saw a slowdown, with a 26.% share. drop during the last day. Trading at $0.000110, Floki’s 24-hour volume reached $882,098,959 and its market cap is $1,147,234,192. The circulating supply is 9,565,582,159,203 FLOKI coins.

Pepe (PEPE) rose 19.86% decrease, now priced at $0.000006. Pepe’s 24-hour volume stands at $3,689,149,365, with a market cap of $2,720,306,682. It has a circulating supply of 420,689,899,999,995 PEPE coins.

Meanwhile, Dogecoin, a more traditional cryptocurrency, saw a 6.33% rise. decline over the last 24 hours, with its current value at $0.14 and a market cap of $23,581,490,568. These fluctuations highlight the interconnectivity of cryptocurrencies, with many altcoins moving in sync with Bitcoin’s price changes.

Investors and enthusiasts are closely monitoring these changes, recognizing the impact on their portfolios and the importance of staying informed and adaptable in the dynamic crypto market.

Read also: Bitcoin falls to 65,000 moments after new record high

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