Memecoin Bears Take Flight Amidst Market Volatile Sentiment

Memecoin Bears Take Flight Amidst Market Volatile Sentiment
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Cryptocurrency market faces downward pressure post-halving and volatility surges.
Dogecoin, Pepe, and more experience significant price declines heightened amid trading volume.
In the wake of the recent halving, the cryptocurrency market has been grappling with downward pressure, with key indicators reflecting a mixed sentiment among traders. As of today, the total market capitalization stands at $2.37 trillion, marking a 3.76% decline, while trading volume has surged to $85.03 billion, up by 18%. The Fear & Greed Index sits at 62, indicating a neutral market sentiment.
Bitcoin (BTC) is currently trading at $64,228, reflecting a 3.68% decline, while Ethereum (ETH) is priced at $3159, down by 2.84%. However, traders are closely monitoring the performance of meme coins, which have become a focal point amidst the broader market volatility.
Dogecoin (DOGE)
Dogecoin, a perennial favorite among traders, is currently trading at $0.1513, experiencing a 6.25% decline over the p

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