Bitcoin (BTC) Loses 10% on the Week as Memecoins Like PEPE and DOGE Tumble

by Jeremy

“The hype of meme cash is normally thrilling, however typically adopted by a market crash, much like what we noticed with DOGE and SHIB two years in the past,” stated Youwei Yang, chief economist at publicly traded bitcoin mining firm, BTCM. “The market correction for memecoins this week is essentially because of the relax of the FOMO (worry of lacking out) sentiment with these new memecoins.”

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