Meme Altcoins Tumble as Bitcoin Slides from All-Time High

In the volatile crypto market, the prices of altcoins, including meme coins like Bonk, Floki, Pepe, and Doge, have seen a decline following Bitcoin’s drop from its recent all-time high of $69,000 to $65,000.

Bonk (BONK) faced a significant setback, witnessing a 28.67% decline in the last 24 hours. Currently trading at $0.000029, Bonk’s 24-hour volume reached $1,976,455,790, with a market cap of $2,038,340,143. The circulating supply is 65,191,332,386,576 BONK coins.

Floki (FLOKI) also experienced a downturn, with a 26.% drop in the past day. Trading at $0.000110, Floki’s 24-hour volume hit $882,098,959, and its market cap is $1,147,234,192. The circulating supply is 9,565,582,159,203 FLOKI coins.

Pepe (PEPE) saw a 19.86% decrease, now priced at $0.000006. Pepe’s 24-hour volume stands at $3,689,149,365, with a market cap of $2,720,306,682. It has a circulating supply of 420,689,899,999,995 PEPE coins.

Meanwhile, Dogecoin, a more mainstream cryptocurrency, experienced a 6.33% decline in the last 24 hours, with its current value at USD 0.14 and a market cap of USD 23,581,490,568. These fluctuations highlight the interconnectedness of cryptocurrencies, with many altcoins moving in sync with Bitcoin’s price changes. 

Investors and enthusiasts are closely monitoring these shifts, recognizing the impact on their portfolios and the importance of staying informed and adaptable in the dynamic crypto market.

Also Read: Bitcoin Drops Down to 65K Moment After New Record High