The cryptocurrency market has shown high volatility, especially regarding Bitcoin, which has seen its price climbing back to the $72,000 level. This significant movement in the market leader affects other segments, particularly meme coins.
Recently, the memecoin category experienced a noteworthy sell-off, raising questions about their future amid the rising dominance of other crypto projects.
Investors and enthusiasts are curious if meme coins can make a notable comeback this November, despite current market conditions. The potential for a significant surge exists, depending on broader market movements and investor confidence.