Memecoins lose momentum as $40 Billion lost in December

The market capitalization of memecoins saw a significant decline of approximately 30% in December, indicating a slowdown in interest and demand for meme-based tokens. Data from CoinMarketCap reveals that the total memecoin market cap stood at $120.14 billion on December 1. This figure peaked at $137.06 billion on December 9 before sinking to $92.67 billion […]

Bitcoin Drops Below $94K: Are Bears Taking Over?

On December 29, 2024, Bitcoin’s value fell beneath the $94,000 threshold, marking a decline from its record high of nearly $108,000 set on December 17, 2024. Data from CoinMarketCap reveals that Bitcoin has decreased by 1.29% in the last 24 hours and 2.67% over the past week. Currently, Bitcoin is trading below its 20-day exponential […]