Fear and uncertainty fill the Solana (SOL) meme coin scene! Tokens like Dogwifhat (WIF) and Bonk (BONK) are bleeding value, leaving many investors frustrated and anxious. Once the darling of internet culture, these coins have seen their prices plummet, sparking questions about their future.

Avalanche joined Aptos as worst performers, falling 6%.

The concerns over meme coin season have increased, as witnessed by the volatile trading with many top coins like DOGE, SHIB, WIF, and others, continuing their declines today. Meanwhile, the decline comes amid a gloomy sentiment noted in the broader crypto market, indicating a shifting market focus.

Bitcoin (BTC) and other cryptocurrencies suffered a bloodbath over the weekend as markets dropped significantly. In just over 24 hours, BTC dropped from around $108,000 to its current level of $95,000, as the Fed's announcement about reducing rate cuts in 2025 hit the market hard.

WIF could face further declines but retains an overall bullish market sentiment.

Crypto prices today are showing bearish momentum as Bitcoin (BTC) dropped below the $97K level, marking a sharp decline from its $108K all-time high earlier this week. The BTC price hit a low of $92K, reflecting significant volatility.

TL;DR Mo Shaikh, co-founder of Aptos Labs, resigns as CEO but will continue as the company's strategic advisor. The CEO position will be taken over by Avery Ching, co-founder and CTO of APT, to lead the company's next phase of growth. After Shaikh's departure, the APT token experienced a 12.4% drop, reaching $10.

In a significant leadership shift, Mohammad Shaikh, the co-founder and CEO of Aptos Labs, has announced his resignation to pursue new ventures. Avery Ching, the company's co-founder and Chief Technology Officer, will now serve as its CEO.

Aptos Labs undergoes leadership transition as co-founder Mo Shaikh steps down as CEO, with fellow co-founder Avery Ching taking over amid market response and continued platform development.

Digital assets traded largely in the red on Friday as Bitcoin failed to steady above $100K amid unwelcoming economic signals. The altcoin space continued to bleed, with most assets recording significant losses over the past day. Meanwhile, reports of Aptos Labs CEO quitting amplified APT's price volatility.

Mo Shaikh, co-founder of Aptos Labs leaves the company as CEO “to start a new chapter.” The post Aptos Labs CEO Mo Shaikh Resigns, Continues to be Strategic Advisor on Board appeared first on Cryptonews.

Aptos faces pivotal resistance as traders watch for a breakout to sustain its rapid growth.

Mo Shaikh, CEO of Aptos, has resigned from his position. He named co-founder Avery Ching as his successor for the role.

Mo Shaikh, who co-founded the firm in 2021 alongside Avery Ching said he would stay on board at Aptos Labs as a strategic adviser.

Mo Shaikh, co-founder and Aptos Labs CEO, has announced his resignation from the company. Shaikh will step down as CEO but will continue as a strategic advisor.

Aptos Labs co-founder and CTO Avery Ching will assume the CEO position to helm the firm's upcoming growth phase.

Mo Shaikh, the co-creator of Aptos, is leaving his CEO post at Aptos Labs. Fellow company co-founder Avery Ching will step in.

The Aptos co-founder is sticking around as a strategic adviser, though.

The price of Dogfwifhat dropped by 16.5% in the past 24 hours and accumulates a 25% decline in the past 7 days as the tailwind provided by its recent listing on Coinbase appears to be fading.

The crypto market took a battering after Fed Chair Powell's speech at the FOMC meeting on Wednesday. However, Thursday has dawned brightly for the crypto market and a bounce is under way.

Bitcoin (BTC) slumped below $100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not allowed to own Bitcoin and is not looking for a law change.

Dogwifhat (WIF) price reached its highest levels since March 2024 earlier this month, reflecting an astonishing 1386% gain for the year. However, WIF has faced a correction, declining roughly 11% in the last 24 hours as bearish signals intensify.

Dogwifhat (WIF), the popular Solana-based meme coin, is poised for a price decline as its daily chart flashes a bearish signal. However, token holders appear to be dumping their holdings on exchanges, as reported by the on-chain analytics firm Coinglass.

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The memecoins have been quiet of late, as all eyes have been on Bitcoin ($BTC). Is it now time for the memes to bounce?

Aptos (APT) has shown impressive recovery in recent days, following a dip earlier in December. After finding solid support at the $10.26 level, APT's price has surged above $14, and there are growing expectations that it could continue its upward trajectory, potentially reaching as high as $19.

The past week has seen significant movement across altcoins, with Chainlink (LINK) surging nearly 20% to reach its highest price since November 2021, driven by strong buying pressure.

Tomarket has announced a significant change in its token launch strategy just days before the scheduled debut of its TOMA token.

Here is how some of your favorite assets concluded the week.

The second week of December saw mixed performances for meme coins, with most experiencing double-digit declines. This development, as stated in this meme coins weekly recap, aligns with the broader market condition that has seen most cryptos lose hold of the bullish momentum they recently had.

Aptos ranked as the second-fastest growing ecosystem with a 96% increase in developer activity between Q3 2023 and Q4 2024.

The lawsuit could reshape crypto exchange practices, highlighting potential antitrust issues and influencing future digital asset listings. The post BiT Global sues Coinbase over unfairly delisting wBTC while allowing PEPE, WIF to trade appeared first on Crypto Briefing.

Aptos Foundation, a leading global blockchain entity, has announced the opening of its new office in the Abu Dhabi Global Market (ADGM), reinforcing the UAE's status as a hub for blockchain and Web3 innovation.

Keep an eye on THESE factors, as they'll determine whether you should HODL or break even.

In a recent YouTube video, crypto analyst Crypto Banter revealed top altcoins that could soar up to 50x during this market rally. As excitement builds in the crypto space, these coins are drawing massive attention from investors eager for big gains.

Key Points:

In a somewhat atypical development in the cryptosphere, on Thursday a clutch of coins and tokens surged in price while the leading one sagged on the day.

Aptos (APT) price has risen nearly 15% in the last 24 hours, recovering strongly after its market cap dropped by $2 billion ahead of a $134 million token unlock. Despite recent bearish signals, such as a death cross formation and a 10% price decrease, APT is showing signs of a potential trend reversal.

Aptos, the fast-growing Layer-2 network, has rallied over the past four months, with technical indicators pointing to a potential 120% jump. Aptos (APT) reached $13.60 on Dec.

Dogwifhat whale sells 1.2 million WIF tokens worth $3.47 million as bears dominate the market.

Aptos is one of the chains that has seen its fortune change the most in 2024 as it has made the best of the bull market. Just as L1 tokens and platforms were slowing down, Aptos managed to draw in all the elements it needed to become a growth leader.

Digital assets traded upward today as altcoins recovered from last week's double-digit declines on BTC's latest uptick past $98K. Meanwhile, Aptos (APT) remains in the woods after gaining over 5% over the past day. Ecosystem developments signal impending dips for APT from current levels.

A Dogwifhat (WIF) whale has conducted a significant transaction that has intrigued the community. The volume of the transaction and the duration the whale held the asset have raised concerns among a segment of traders and investors alike.

Bitcoin (BTC) reported another plunge below $95,000 late on Tuesday, falling to a low of $94,435 before recovering and climbing back above $97,000. The cryptocurrency is up marginally over the past 24 hours, trading around the $97,500 mark.

By opening its Abu Dhabi office, the Aptos Foundation aims to tap into the UAE's forward-thinking policies and vibrant blockchain ecosystem to encourage innovation within the Aptos blockchain.

On December 6, Aptos (APT) boasted a market cap of nearly $8.25 billion. However, as of now, the market cap has plunged to $6.36 billion, shedding almost $2 billion in just five days.

A Dogwifhat whale transferred $3.47 million worth of WIF tokens to Coinbase, causing a 3.5% price decline amid broader market volatility.