Top memecoins dump up to 9% in 1 hour as Bitcoin falls less than 0.5%

Insights Bitcoin

Bitcoin steady at $65,470 as memecoins plummet with market shifts.

Bitcoin’s price remains steady at $65,470.25, marking a 0.82% increase over the past 24 hours, while several memecoins experience declines, according to CryptoSlate data.

However, Bitcoin’s price declined by 0.34% in the past hour, with memecoins facing sharper drops: First Neiro On Ethereum (NEIRO) fell 8.92% to $0.002033, with a market cap of $855 million and a 24-hour trading volume of $678 million.

BOOK OF MEME (BOME) decreased by 4.57%, now at $0.009826. Aptos (APT) and Cat in a Dogs World (MEW) saw 1-hour losses of 3.83% and 3.80%, respectively. Mog Coin (MOG) slipped 3.05% to $0.051865, while Pepe (PEPE) dropped 2.75% to $0.0000103.

Other assets, like leading memecoins Dogwifhat (WIF) also declined by 2.42% Popcat (SOL) (POPCAT) decreased 2.39% to $1.34.

Memecoins drop

Investors appear to be moving away from high-risk memecoins amid the downturn. Bitcoin’s 24-hour trading volume stands at $38.3 billion, indicating sustained interest despite the slight dip.