It’s been a rough 24 hours for the entire cryptocurrency market, and meme coins are absolutely no exception. This highly polarizing category has declined by about 7% altogether, following what seems to be an ongoing decline of the entire crypto market.The entire category of meme coins dropped by about 7% throughout the past day. Naturally, some lost more than others.Small-cap meme coins have charted even more considerable losses.
On the other hand, the trending meme coin BODEN managed to increase by about 10.6% compared to its price 24 hours ago, which is somewhat of an outlier in the market right now.Bitcoin is now trading below $61K – for the first time since May 13th. The reason for this decline is likely the fact that the Mt. Gox exchangea note, which said that the trustee is ready to start paying creditors as per the rehabilitation plan as early as July.
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Source: CoinDesk - 🏆 291. / 63 Read more »