Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Crash
Memecoin Crash: Dogecoin (DOGE) and Shiba Inu (SHIB) Experience Declines Amid Market Corrections
In the latest cryptocurrency market update, Dogecoin (DOGE) and Shiba Inu (SHIB), two leading meme coins by market capitalization, have witnessed declines over the past 24 hours. Dogecoin, currently the ninth-largest cryptocurrency with a market cap exceeding $21 billion, has seen an 8% decrease in its price during a widespread market downturn. Despite a substantial 24-hour trading volume of $2 billion for DOGE, this represents a significant 47% reduction from the day before. Altcoin investors take note - IBET is…
1 year ago
McDonald’s Trolls Crypto Twitter Influencers
Bitcoin crashed almost 50%, and McDonald's marketing department is just rubbing it in. "How are you doing, people who run crypto Twitter accounts," they asked on Twitter, as about $130 billion in crypto assets disappeared in 24 hours. Judging by the answers, things are not going that great. Billionaires and crypto exchanged responded with crypto memes and phrases, showing just how bad things are. Crypto exchange Binance perhaps summed up the sentiment best. They responded with an image of a…
3 years ago
PlusToken Scammers Could be the Reason for Recent BTC Price Crash
On Sunday, BTC saw its worst daily loss since September 2019, declining from $8,900 to $8,000, almost a 10% decline. The decline has continued today, currently trading at $7,705according to CoinMarketcap. Although the price drop was parallel to a lousy day in trading traditional stock, analysts claim that there could be more factors driving the BTC crash. For instance, a trader named Kevin Svenson on Twitter claimed that this sudden crash could not be attributed to sell-offs since the market…
5 years ago