Cryptocurrencies Price Prediction: Ethereum, Meme coins & OCEAN

📆 6/20/2024 1:06 PM
📰 FXStreetNews

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Meme coin dominance in altcoin market shrinks, DOGE, SHIB, PEPE, WIF, FLOKI on the verge of correction? Meme tokens Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Dogwifhat (WIF), and Floki (FLOKI) have climbed in the past 24 hours.

Meme coin dominance in altcoin market shrinks, DOGE, SHIB, PEPE, WIF, FLOKI on the verge of correction? Meme tokensDogecoin , Shiba Inu , Pepe , Dogwifhat , and Floki have climbed in the past 24 hours. The seven-day returns on these assets remain negative amidst the shrinking dominance of the sector.

Meanwhile, Ethereum restaking has continued to grow amid potential systemic risks. Ocean Protocol extends gains as whales accumulate amid market dip Ocean Protocol's price extends its rebound and raises more than 6% on Thursday, following Wednesday’s 22% rally after a retest of its weekly support. On-chain data indicates that OCEAN experienced capitulation on Wednesday, prompting significant purchases from large holders during the recent price dip.

Source: News Formal (newsformal.com)

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