Leading memecoins such as DOGE, SHIB and FLOKI showed significant price dips in the past day.
WIF recorded the highest price dip in the overall market with a 7.39% decline.
The overall crypto market has been oscillating between a price recovery and modest price dips these past few weeks. Leading cryptocurrencies are showing obvious struggles to surpass their respective resistance levels after the recent dip. Meanwhile, the memecoin sector garnered community attention in the last 24 hours, as top coins began dipping significantly.
Notably, over the past day, leading memecoins have recorded price declines apart from some of the tokens being the top losers of the day. The largest memecoin Dogecoin (DOGE) recorded a price decline of 3.11%. SHIB followed closely with a 1.57% daily decline in prices.
On the other hand, significant memecoins – WIF, POPCAT, and FLOKI showed the highest dips and appeared on the Top Losers list.
dogwifhat (DOG)
On inferring the memecoin’
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