In the past seven days, Pepe (PEPE) holders have seen a 24% decrease in their bags as meme coins have suffered some of the worst losses during a market-wide decline.
Read MoreIn the past seven days, Pepe (PEPE) holders have seen a 24% decrease in their bags as meme coins have suffered some of the worst losses during a market-wide decline.
Read MoreThis suggests that the market is in a very bearish trend. In addition, SHIB's market capitalization has decreased by 12% to $12.7 billion, with $1.9 million worth of trading activity every day. According to Shibburn, Shiba Inu's token burn rate has increased dramatically during the last day, leaping by an astounding 25,035.22%.
Read MoreSignificant investors in the meme-inspired cryptocurrency Shiba Inu (SHIB) have increased their holdings dramatically, setting off on-chain fireworks. This is a noteworthy example of whale activity. These major players amassed an astounding 2.85 trillion tokens in a single day.
Read MoreThe quantity of tokens being transferred to the burn address has significantly increased, according Shibburn data.
Read MoreOver the past 24 hours, cryptocurrencies Ripple (XRP), Dogecoin (DOGE), and Shiba Inu (SHIB) have all recorded slight gains in line with broader market movements, reflecting a blend of optimism and caution among traders.
Read MoreDuring this bullish market cycle, the meme coin sector has become a prominent topic of discussion, driven by the rapid price surges of numerous assets within this category.
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