NEWSLETTER
Join our Telegram channel to keep up to the ultimate news coverage
bitcoin, ethereum and Dogecoin fell as the Memes currency market fell more than 14%, dragging the largest cryptographic market for more than 5%.
bitcoin (btc) slid 7.4%, ethereum (eth) fell 13.5%, and Dogecoin collapsed 13%in the last 24 hours.
<img decoding="async" class="alignnone" src="https://media.istockphoto.com/id/1397726807/photo/the-red-crashing-market-volatility-of-crypto-trading-with-technical-graph-and-indicator-red.jpg?s=612×612&w=0&k=20&c=iqDIzl9QRGgCOuOpbF1uCaOqhTOKFduX46o8iG-sEB8=” alt=”The meme coin market bleeds 14%” width=”612″ height=”344″/>
crypto Fear & Greed Index arrives at the lowest since September
The fall in the cryptography market was accompanied by a strong fall in the feeling of investors, with the <a target="_blank" href="https://alternative.me/crypto/fear-and-greed-index/”>Cryptographic fear and greed index Spilling 24 points to enter a “extreme fear” reading of 25, the lowest since September last year.
After an acute concentration triggered by Donald Trump's electoral victory, the feeling has been grated after a series of risk developments. First, the Federal Reserve scares the markets when becoming more cautious in the perspectives of interest rate cuts.
That was followed by a meme coin scandal around the meme of pound that Argentine president Javier Milei wrapped. Things got worse on Friday when crypto Exchange Bybit was beaten with a trick of $ 1.5 billion, the largest in the industry.
There is also a renewed concern about the potential impact of tariffs after the president of the United States, Donald Trump, reaffirmed yesterday a plan to impose them on Canada and Mexico when a 30 -day break ends at the beginning of next month.
“We all think Trump would be optimistic for the market,” said Cas Abbe in x. “And here we are, just seeing red candles.”
SPX, Pengu and Wif Drop while the Memes Sangra Coin Market
SPX6900 (SPX) suffered the greatest loss in the list of the largest 10 Meme coins After its price fell more than 17% to stay at $ 0.5884 from 1:12 am est.
The Dortos penguins (Pengu) extended their loser streak with a 15%loss, while Meme Coin Dogwifhat (WIF) based in Solana fell more than 14%.
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”8.8915662650602″>
Just in: More than $ 110,000,000 were eliminated from the encryption market in the last 24 hours. pic.twitter.com/nec0hdiscj
– Watcher.guru (@watcherguru) <a target="_blank" href="https://twitter.com/WatcherGuru/status/1894120955204517981?ref_src=twsrc%5Etfw”>February 24, 2025
Storm shelter
Some investors are resorting to presales that are not yet exposed to market forces to protect themselves from the storm. Among the most popular at this time are PRojects like Abrexy (Solx), btc Toro Token (BTCBull) and Pepe's mind (mind)
Abrexy is the first layer 2 scale solution for Solana, and has raised more than $ 23.4 million through its presale so far.
btc Bull Token is a meme currency offered by btc free to tokens headlines when bitcoin achieves certain price milestones for the first time, while Mind presents a avant -garde ai agent that can detect new trends in the early cryptographic market.
Related articles:
Best Wallet: Diversify your crypto portfolio
- Easy to use, cryptographic wallet based on functions
- Get early access to Token's next ICO
- Multiple wallets, without custody
- Now in App Store, Google Play
- Stake to win the token $ better
- More than 250,000 monthly active users
Join our Telegram channel to keep up to the ultimate news coverage
<script async src="//platform.twitter.com/widgets.js” charset=”utf-8″>
