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Top memecoins dump up to 9% in 1 hour as Bitcoin falls less than 0.5%

by SB Crypto Guru News
October 15, 2024
in Crypto Exchanges
Reading Time: 2 mins read
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Bitcoin’s price remains steady at $65,470.25, marking a 0.82% increase over the past 24 hours, while several memecoins experience declines, according to CryptoSlate data.

However, Bitcoin’s price declined by 0.34% in the past hour, with memecoins facing sharper drops: First Neiro On Ethereum (NEIRO) fell 8.92% to $0.002033, with a market cap of $855 million and a 24-hour trading volume of $678 million.

BOOK OF MEME (BOME) decreased by 4.57%, now at $0.009826. Aptos (APT) and Cat in a Dogs World (MEW) saw 1-hour losses of 3.83% and 3.80%, respectively. Mog Coin (MOG) slipped 3.05% to $0.051865, while Pepe (PEPE) dropped 2.75% to $0.0000103.

Other assets, like leading memecoins Dogwifhat (WIF) also declined by 2.42% Popcat (SOL) (POPCAT) decreased 2.39% to $1.34.

Memecoins drop
Memecoins drop

Investors appear to be moving away from high-risk memecoins amid the downturn. Bitcoin’s 24-hour trading volume stands at $38.3 billion, indicating sustained interest despite the slight dip.

Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.



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