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Meme Altcoins Tumble as Bitcoin Slides from All-Time Highs

March 5, 2024
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Within the unstable crypto market, the costs of altcoins, together with meme cash like Bonk, Floki, Pepe, and Doge, have seen a decline following Bitcoin’s drop from its current all-time high of $69,000 to $65,000.

Altcoin Memecoin Price drop because of Bitcoin fall from all 69K

Bonk (BONK) confronted a major setback, witnessing a 28.67% decline within the final 24 hours. At present buying and selling at $0.000031, Bonk’s 24-hour quantity reached $1,976,455,790, with a market cap of $2,038,340,143. The circulating provide is 65,191,332,386,576 BONK cash.

Floki (FLOKI) additionally skilled a downturn, with a 30.06% drop previously day. Buying and selling at $0.000120, Floki’s 24-hour quantity hit $882,098,959, and its market cap is $1,147,234,192. The circulating provide is 9,565,582,159,203 FLOKI cash.

Pepe (PEPE) noticed a 19.86% decrease, now priced at $0.000006. Pepe’s 24-hour quantity stands at $3,689,149,365, with a market cap of $2,720,306,682. It has a circulating provide of 420,689,899,999,995 PEPE cash.

In the meantime, Dogecoin, a extra mainstream cryptocurrency, skilled a 6.33% decline within the final 24 hours, with its present worth at USD 0.164511 and a market cap of USD 23,581,490,568. These fluctuations spotlight the interconnectedness of cryptocurrencies, with many altcoins shifting in sync with Bitcoin’s worth modifications. 

Buyers and fans are carefully monitoring these shifts, recognizing the influence on their portfolios and the significance of staying knowledgeable and adaptable within the dynamic crypto market.

Additionally Learn: SHIB Prices Plunge 50% on Coinbase Amid Bitcoin-Led Selloff

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