The cryptocurrency market experienced a downturn on June 7, with Bitcoin (BTC) dropping to $69,335 and Ethereum (ETH) to $3,684. This decline followed the release of better-than-expected United States employment data, contrary to predictions by analysts who anticipated weaker figures that would prompt a push for lower inflation and potentially drive Bitcoin to new highs.
Read MoreDogecoin (DOGE) and Book of Meme (BOME) are leading the charge among memecoins in the current crypto bull market, experiencing synchronized surges despite their different launch times.
Read MoreOver the weekend, Notcoin (NOT) witnessed a substantial surge in value, driven by growing popularity and user engagement. Following its recent listing on prominent cryptocurrency exchanges, the token has experienced a notable upward trend.
Read MoreAt present, Cardano (ADA) occupies the 10th spot in terms of market capitalization. Nonetheless, the notable rise of meme coins presents a challenge to ADA's position, especially with Shiba Inu (SHIB) quickly advancing and possibly posing a challenge to Cardano's ranking.
Read MoreThe past week has seen a decline in the demand for Dogecoin (DOGE), as indicated by on-chain data. This drop in activity within DOGE's network has led to its price stabilizing within a narrow range, forming what's known as a horizontal channel.
Read MoreCorgiAI, a relatively obscure meme coin, has surged in popularity, now ranking as the eighth largest meme coin by market cap according to CoinGecko.
Read More