Big news in the world of cryptocurrency! Memecoins, which are digital coins based on funny internet ideas, have lost a lot of value recently. They were super popular after the election, but things have changed.
- Memecoin prices went way down.
- Some people think this is because of problems in the world economy.
- Other reasons include scandals and famous people promoting coins to make money.
- Experts think only the biggest memecoins will survive.
Coin | Market Value (roughly) |
---|---|
Dogecoin (DOGE) | Biggest, over half the total! |
Shiba Inu (SHIB) | $7.7 billion |
Pepe (PEPE) | $2.9 billion |
Trump Coin | $2.6 billion |
Dogecoin is still the most popular, and some people think only well-known memecoins will do well in the future. It's important to remember that investing in cryptocurrency is risky!