Memecoins Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE): Will They Rally or Die? | Headlines | News | CoinMarketCap
04/09/2025 19:10
It can safely be said that the memecoins are entirely at the mercy of market sentiment, and this is in the toilet right now. If things do not turn …
It can safely be said that the memecoins are entirely at the mercy of market sentiment, and this is in the toilet right now. If things do not turn around, and this is not looking likely in the current global trade war environment, the memecoins could head to zero a lot quicker than some expect.
When the market is confident, and Bitcoin is sailing high, memecoins have proven to be excellent trades, with some outperforming the king of the cryptocurrencies by quite some distance over short periods of time.
However, we are in the complete inverse of this state of affairs currently. If $BTC is going to be sold off because it is the only available liquid asset at weekends and during after hours trading, then only those who have a particularly bullish future outlook are going to buy or …