Major meme cryptocurrencies are underperforming on the present time. Ninety p.c of high meme money are in red, whereas nearly all of them are posting double-digit losses. Alternatively, two dogs-money from the head 200 cryptos by market cap managed to surge even in opposition to this type of painful background.
“PEPE’s easiest friend,” BRETT, amongst the worst performing cryptos on the present time
This day, June 24, 2024, Basically essentially based Brett (BRETT), regarded as one of the necessary supreme meme money on the Harmful (BASE) blockchain, is down by 9.4%. As such, it is a fourth worst performing crypto within the head 100. It easiest managed to outperform Ordi (ORDI) and Notcoin (NOT), whereas Uniswap (UNI) registers same losses.
Basically essentially based Brett (BRETT) is terminate to shedding the $1.3 billion market cap stage. Loads of significant meme money are also below strain on the present time.
Shiba Inu (SHIB) and Pepe (PEPE) are down by 5.2-5.3%. Meanwhile, the market benchmark for cryptocurrency section is 4% on the present time.
Dogecoin (DOGE) misplaced 4.1%, whereas varied supreme meme cryptos Bonk (BONK) and Floki (FLOKI) are also within the red but are a shrimp outdoing the market common.
In total, the section of meme cryptos misplaced 5% within the final 24 hours, CoinGecko recordsdata says.
Dogwifhat (WIF), Mog Coin (MOG) in green despite painful originate of week for crypto
At the same time, two large meme money managed to post minor good points despite market hostility. Dogwifhat (WIF), a foremost Solana meme cryptocurrency, added 1.1%, whereas Mog Coin (MOG) is up by 4% on Ethereum (ETH) and Harmful (BASE) platforms.
Because the cryptocurrency market sees over $300 million erased in shorts and longs in consequence of liquidations within the final 24 hours, meme money are also amongst the worst tormented by the dropdown.
DOGE and PEPE merchants misplaced over $7.5 million, whereas ConstituitionDAO (PEOPLE) and Dogwifhat (WIF) are also on the record of the ten most affected cryptos, CoinGlass recordsdata shows.
Bitcoin (BTC) is down by 4.8%, whereas Ethereum (ETH) misplaced 5.5% on the suggestions of the multi-billion Mt. Gox compensation thought and geopolitical tensions.