Heading Southhas negatively affected numerous digital assets whose prices have plunged significantly in the past 24 hours. One example is theIts value is down almost 10% daily, tumbling to $1.90 . The last time the price was trading that low was at the beginning of March.Despite its market capitalization slipping below the $2 billion mark, WIF continues to be the fourth-largest meme coin, trailing behind Dogecoin , Shiba Inu , and Pepe .are also in the red today .
Other meme coins that have underperformed include BRETT , BONK , Trump , MEW , and many more. The cohort’s market cap has lost the $50 billion level, currentlythe current levels could be “a logical area to buy.” In their view, the asset might experience an additional pullback but eventually rally toward a new all-time high in the $7-$10 range.Earlier this week, DonAlt argued that the meme coin has started “losing its macro range.
Investors should enter the ecosystem after conducting proper due diligence and distribute only as much as they are ready to lose. Please check our dedicated video for more vital tips on the matter:What is Notcoin ? The Viral Token Coming to The Open NetworkSign-up FREE to receive our extended weekly market update and coin analysis report
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