Shiba

Dogecoin

Shiba Inu

Time

<ul class="news-points">
 <li>Shiba Inu and Dogecoin crashed 14.87% and 15.73%, respectively.</li>
 <li>The meme coin market cap declined by more than 14%.</li>
 <li>The RSI for SHIB and DOGE has entered oversold levels.</li>
</ul>
Meme coins experienced a sharp sell-off in the past 24 hours, with popular tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) leading the decline. The total market capitalization of meme coins dropped over 14%, currently standing at $36.48 billion.
Meme coins have always been in the spotlight of the crypto market for their unprecedented gains and volatile nature. In this cycle, cryptocurrencies like Pepe (PEPE), Dogwifhat (WIF), Bonk (BONK), and Book of Memes (BOME) exceeded investors’ expectations.
As per the <a href="https://coinmarketcap.com/view/memes/" target="_blank" rel="noopener noreferrer nofollow">data on memecoins</a> from CoinMarketCap, DOGE fell 15.73%, trading at $0.9624; SHIB fell 14.87% to $0.00001342; PEPE fell 16.25%, trading at $0.000008113; WIF fell 11.91%, trading at $1.61; BONK fell 12.21% to $0.00001947; and BOME fell 17.80%, trading at $0.006967. Another popular meme token, BRETT, crashed 21.73% and was priced at $0.1106 at the time of writing.
These meme tokens have seen significant growth since the …
The post <a href="https://coinedition.com/oversold-meme-coins-is-it-time-to-buy-the-dip/" rel="noopener noreferrer nofollow">Oversold Meme Coins: Is It Time to Buy the Dip?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Oversold Meme Coins: Is It Time to Buy the Dip?

Coin Edition

Other articles published on Jul 5, 2024

ChromaWay Joins AWS Partner Network to Expand Chromia’s Reach

Best Cryptocurrencies To Buy Before Alcoin Season Starts After Currenent BTC Dump

Mt. Gox Moves Bitcoin, Causing Market Fluctuations

Mt. Gox Repayments Trigger Major Liquidation Process

SlowMist | 2024 Mid-Year Blockchain Security and Anti-Money Laundering Report

Mt. Gox begins repayments in Bitcoin and Bitcoin Cash

Join our free newsletter for daily crypto updates!