The meme coins are currently witnessing a downward trend, especially with the upcoming Bitcoin halving event slated for next week. This temporary setback has instilled a sense of caution among investors.
Meme coins such as Dogwifhat (WIF), Pepe (PEPE), Coq Inu (COQ), BOOK OF MEME (BOME), Degen (DEGEN), and Toshi (TOSHI) have shown significant price drops. This bearish behavior is expected to continue until Bitcoin halved, suggesting that investors might consider holding off on investments in these assets until the market stabilizes.
1. Dogwifhat (WIF)
Dogwifhat (WIF) has emerged as a standout meme token within the Solana ecosystem. The meme coin has recently experienced a notable decrease in price, with a descending trend seen in the market.
Due to a decrease in price might be wary of investing further as the falling trend suggests a lack of confidence from current holders. This bearish sentiment could lead to more sell-offs, reducing the coin’s price further.
dogwifhat price chart
We współpracy z: https://coingape.com/markets/6-meme-coins-crypto-to-avoid-until-after-halving/
