The cryptocurrency market has recently suffered heavy losses, with major assets experiencing significant declines.
Despite the downturn, there is one meme coin that saw a dramatic increase, surging 800% in a week after being launched on PancakeSwap and receiving backing from Crypto.com.much of the gains recorded in the last few months, with its global market capitalization plunging to as low as $2.2 billion. The leading digital assets – Bitcoin , Ethereum , Solana , Ripple , Cardano , and many more – are deep in the red on a 7-day scale.
The rapid price movements in the meme coin sector as of late are yet another example of the cohort’s infamous volatility.
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