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From Peak to Pit: 52-Week Memecoin Drawdowns Analyzed Coin Edition 04 Th09 2024

From Peak to Pit: 52-Week Memecoin Drawdowns Analyzed 📉

Coin Edition memecoins Lookonchain

The past year has seen significant declines for memecoins, with the top 10 tokens in this category down by an average of 63.73% from their peak values. This trend has been particularly rough, reflecting broader market downturns and the volatility inherent in memecoins.

Leading cryptoanalysis platform, Lookonchain, provided an in-depth examination of these performance metrics over the past 52 weeks. The platform’s analysis reveals not just the depth of the declines but also the extent to which these tokens have managed to recover, demonstrating some resilience in specific cases.

The report breaks down individual performances of the top memecoins, shedding light on market trends and investor sentiments. While some tokens have shown partial recovery, the overall insights indicate a challenging landscape for memecoin investors.

Nguồn: coinedition.com ↗

Bài viết tương tự (16)

Dogecoin, WIF and other memecoins crash hardest amid $1.7B crypto liquidations Cointelegraph 10 Th12 2024
Dogecoin, WIF and other memecoins crash hardest amid $1.7B crypto liquidations
Major memecoins are down 63% on average despite market frenzy Cointelegraph 11 Th09 2024
Major memecoins are down 63% on average despite market frenzy
Memecoins Plunge as Crypto Liquidations Hit $1.7 Billion Coinpaper 10 Th12 2024
Memecoins Plunge as Crypto Liquidations Hit $1.7 Billion
Top 10 Meme Coins Plummet 63.7% from Peak Over the Past Year CryptoTale 02 Th09 2024
Top 10 Meme Coins Plummet 63.7% from Peak Over the Past Year
Industry Leaders Discuss if Meme Coins Are Dead as Market Cap Falls Below $40 Billion Beincrypto 02 Th09 2024
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What’s Happening with Memecoins? The 10 Biggest Memecoins Have Fallen Big in the Last Year: Why? Bitcoinsistemi 02 Th09 2024
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Dogecoin’s 74.64% Drop: Analyzing the Recent Struggles and Resurgence in Meme Coins Coinotag 02 Th09 2024
Dogecoin’s 74.64% Drop: Analyzing the Recent Struggles and Resurgence in Meme Coins
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Memecoins Face Significant Declines Amid Market Sell-Off, Led by Dogecoin’s 5.6% Drop Coinotag 10 Th12 2024
Memecoins Face Significant Declines Amid Market Sell-Off, Led by Dogecoin’s 5.6% Drop

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