MEMECOINS ARE IN THE RED. Some ARE TAKING A BIGGER HIT THAN OTHERS. WHO'S HOLDING UP BEST?
DOGE, SHIB and PEPE are all down today.. Not all are feeling the drop the same way. Let’s break it down.
$DOGE : $0.07706 | −1.65%
"Dogecoin" is lower. The fall is mild. Not a big crash. Still I’m watching to see if sellers keep pushing or if buyers come in.
$SHIB : $0.00000489 | −1.61%
"SHIB" is almost right there with DOGE. Less drop. Not a sign of a comeback yet. It’s not falling fast either. Worth keeping an eye on.
$PEPE : $0.00000439 | −2.88%
"PEPE"is getting hit the hardest. The real question is: will buyers step in or will the selling keep going?
MY TAKE: "DOGE" and "SHIB" are holding up a bit better, than "PEPE".. Let’s be honest. A smaller drop doesn’t mean a coin is safe or ready to rise. I’d wait for buying pressure before getting hopeful.
"Memecoins" can flip fast. One day they’re up the next they’re down. That’s how they work.
If you had to watch one right now would it be #DOGE , #SHIB or #PEPE‏ ?
Not financial advice?