‘Memecoins, AI will dominate’: Is the crypto market changing?

Quick Summary:

Memecoins saw a strong recovery early in the week - Will they regain dominance in the crypto market?

Indeed, the recent market rout decimated the alt market, with memes like WIF dropping by over 48%.

Despite posting 15% and 11% gains on the 24th and the 25 of June and hitting $2, WIF’s market bias was still bearish, especially on the higher timeframe charts.

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Article Details

Author / Journalist: Benjamin Njiri

Category: Crypto

Markets: United States

Topics: Memecoins Trading View News 1 News Altcoin Ambcrypto Social

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-26 @ 17:00:05 (3 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 492 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 21395245

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 19 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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