Crypto Blog
In the wake of a recent pump, meme coins prices have collapsed, with Dogwifhat, Floki, and Bonk down 15%, 6.9%, and 8%, respectively.
It’s 24-hour trading volume has also shot down 15% today, reflecting traders’ disdain amid the sluggish market conditions. The CryptoBull notes that Floki is holding above a key lower-time-frame level, speculating it will bounce and push higher. that Bonk is forming a “cup and handle” chart pattern. As such, the analyst tells investors to “pay attention to a possible breakout.”
This unique move is more than just optics. It is a groundbreaking revelation addressing the blockchain fragmentation issue, encouraging the sometimes tribalistic blockchain communities to brush aside their differences and unite under one meme coin banner.
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