Meme Price Plunges as Whale Sell-Off Raises Concerns: Is More Downside Ahead?

Quick Summary:

Memecoin price, a native ecosystem token of Memeland, has witnessed a notable decline in value recently.

Over the past week, the MEME has charted a descending trend, suggesting that bears have taken control amidst broader market corrections.

Conversely, a resurgence of positive sentiment could elevate the MEME price beyond the $$0.012 barrier.

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Article Details

Category: Crypto

Markets: India

Topics: Meme coins Meme price MEME Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-03 @ 17:07:20 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 542 words

Reading Time: 4 minutes read

Sentences: 50 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21907720

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 20 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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