Oversold Meme Coins: Is It Time to Buy the Dip?
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Meme coins experienced a sharp sell-off in the past 24 hours, with popular tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) leading the decline. The total market capitalization of meme coins dropped over 14%, currently standing at $36.48 billion. As these coins have always been in the spotlight of the crypto market for their unprecedented gains, the recent drop raises the question of whether it's time for investors to buy the dip.
Source: coinedition.com ↗
