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Meme Coins in Red Today, Here’s Who Suffers Most
As the cryptocurrency market takes a plunge today, July 1st, it appears that nearly all major meme cryptocurrencies are bleeding. Dogecoin (DOGE), one of the largest and most popular meme coins, has slumped to $0.1596, with a staggering loss of 2.8% in just a day.
On the other hand, PEPE Coin, another prominent meme cryptocurrency, is down by 2.5%, with its price dipping to $0.000009454 on declining trading volume. Meanwhile, Bonk (BONK), yet another major player in this space, has lost an astonishing 3.3% overnight.
The situation is no better for Shiba Inu (SHIB), which has dropped by a substantial 1.6%. This decline has put the cryptocurrency extremely close to its all-time low.
However, not all meme coins are suffering equally. SPX6900, one of Murad Mahmudov’s meme cryptocurrencies, takes the cake as it plunges by an astonishing 11.5% today. As a result, this coin is at risk of dipping below $1 billion market capitalization.
The article concludes that these meme coins are among the worst performers in the cryptocurrency space today, with many other tokens and assets also experiencing significant losses.
Source: u.today
