Global #cryptocurrency ecosystem

While other cryptocurrencies are making a shaky comeback, Bitcoin [BTC] has taken a beating, falling from $64,000 to $62,000 in just seven hours. Investors were uneasy as Ripple [XRP] displayed a sequence of drops on its weekly chart, continuing a similar trend of activity.

Despite the difficulties facing the entire cryptocurrency ecosystem, it has been claimed that Pump.fun, a new platform that focuses on the launch and trade of memecoins, made $5.2 million in just 38 days