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.
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.
Here is how some of your favorite assets concluded the week.
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.
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.
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?
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.
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.
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.
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.
Dogwifhat whale sells 1.2 million WIF tokens worth $3.47 million as bears dominate the market.
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.
A Dogwifhat whale transferred $3.47 million worth of WIF tokens to Coinbase, causing a 3.5% price decline amid broader market volatility.
Bitcoin crashed nearly 10% below its all-time high of $104,088 to a low of $94,150 on Monday. The flash crash was short-lived, but it dragged down altcoins and meme coins like Dogecoin, Shiba Inu, Pepe, Dogwifhat and Bonk.
Amid a highly turbulent crypto market witnessed lately, a Dogwifhat whale's decision to offload nearly $3 million worth of tokens raised severe concerns among traders and investors globally. On-chain stats on Wednesday indicated that the whale moved millions of WIF to Coinbase, sparking bearish sentiments among investors amid a broader crash.
The cryptocurrency market saw another decline on Dec. 10, 2024, with Bitcoin dropping below $95,000 for the second time in recent days, causing widespread liquidations.
When some assets decide to run, they can make up months and years of losses in a few short weeks.
The dog has a hat—and two recent exchange listings. But Dogwifhat meme coin buyers on Coinbase and Robinhood saw new lows Tuesday.
Many larger-cap alts have marked substantial losses, but meme coins lead the pack.
Memecoins underperform the wider crypto market after double-digit daily losses surpass the sell-off in BTC and ETH.
Dogwifhat price, a Solana-based meme coin, has soared by 70% in the past month, gaining significant investor interest. Analysts now anticipate a potential breakout above the $10 mark, driving heightened optimism around the token's bullish trajectory.
As Bitcoin ($BTC) continues its latest correctional phase, the memecoins are falling much faster. $DOGE, $PEPE, and $WIF are crowd favourites.
Data shows that whales have shown strong interest in memecoins, leading to a rise in their prices.
The PEPE accumulation came amid the asset's all-time high.
Meme coins performed well during the weekend as most investors bought them amid the ongoing greed sentiment. Pepe price was up by over 20%, while other popular ones like Floki, Dogwifhat, Bonk, and Popcat rose by double digits.
WIF faces a critical battle for big player loyalty and capital amid rising competition.
Dogwifhat (WIF), the popular Solana-based meme coin appears set to explode as its price action gains significant attention from crypto giants. On December 7, 2024, the overall cryptocurrency market is showing bullish momentum, with Bitcoin (BTC) and other major altcoins like XRP, BNB, and DOGE experiencing impressive upside movements.
A widely followed cryptocurrency trader thinks that one large-cap memecoin is gearing up for another round of upside bursts. Pseudonymous analyst Bluntz tells his 303,200 followers on the social media platform X that he sees Dogecoin (DOGE) outperforming Bitcoin (DOGE/BTC) as the pair approaches the resolution of a triangle pattern.
The cryptocurrency market has shifted gears into full altcoin season, as evidenced by the CMC Altcoin Season Index hitting a near-record 85/100, signaling explosive interest in altcoins. With Bitcoin ($BTC) crossing the monumental $100,000 mark and Ethereum ($ETH) reclaiming $4,000, retail traders are diving headfirst into speculative assets like memecoins.
A Dogwifhat whale has sparked speculations among traders recently, heavily dumping the meme coin to one of the top crypto exchanges, Coinbase. On-chain data on Saturday indicated that the whale dumped nearly $10 million worth of WIF after making a remarkable profit.
$94 million WIF outflow from exchanges indicate potential upward momentum.
An analyst known as a “Master Trader” on the crypto exchange Bybit thinks an altcoin running on the Ethereum (ETH) network is ready to take center stage.
dogwifhat (WIF) maintains $3.22 price level with 54% monthly gains despite $5M in long position liquidations and a major holder moving 1.5M tokens to Coinbase.
Despite long traders being liquidated, they continue to dominate WIF's market.
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Coinbase users in New York can now trade the popular dog-themed meme coin Dogwifhat in one of the most tightly regulated cryptocurrency markets. According to a Dec.
WIF price has failed to pick up momentum as investors shy away from meme coins. Does a recent testing of $3.00 signal a looming danger?
Bitcoin (BTC) held above $95,000 despite facing a slight pullback over the weekend, falling just over 1%. Spot Bitcoin ETFs have seen notable weekly outflows that have stalled momentum towards the $100,000 milestone.
As Bitcoin ($BTC) heads into its monthly expiry, with potential high bouts of volatility to come, some of the top memecoins are ready to break out of their respective downtrends. $DOGE, $PEPE, and $WIF will be among the frontrunners if their breakouts are confirmed.
Dogwifhat (WIF) shows resilience during a 35.95% correction as whale accumulation continues and technical patterns suggest potential for upward continuation.