Crucial Time To Hold Memecoins As These Altcoins Turn Bearish? 📉

As Bitcoin's price falls below the significant psychological mark of $63,000, major altcoins are facing heightened selling pressure. This has resulted in considerable market fluctuations, notably affecting memecoins most severely.

The memecoin sector has seen an estimated $1 billion in liquidations over just a single day, highlighting the market's volatility and vulnerability. This brings up pertinent questions about whether traders should hold onto their memecoins during this bearish period.

The decision to hold or sell depends on market strategies and individual risk tolerance, but the current trend accentuates the precarious nature of investing in volatile assets like memecoins.