The meme coin market experienced a significant decline, dropping by 7%. Leading this downturn are WIF, AI16Z, and FARTCOIN, slumping further into losses. Despite this trend, coins like PIPPIN, DOGE, and AKUMA have defied the general market trajectory and shown resilience.
In parallel, the resignation of CFTC Chairman Rostin Behnam highlights upcoming shifts in cryptocurrency regulation and market oversight. Behnam's tenure was marked by initiatives aimed at positioning the CFTC as the primary regulatory body in the crypto world.
