Memecoins Jump Before BTC, But End Sunday in Correction
Over the past few days, memecoins have significantly outperformed #BTC and other altcoins. What stood out the most was Dogecoin, where the number of trades surpassed all others in its category. The memecoins index, composed of DOGE, SHIB, PEPE, WIF, FLOKI, BONK, ORDI, 1000SATS, BOME, MEME, PEOPLE, and NEIRO, highlights how capital rotates aggressively into higher-risk assets during speculative phases. However, in the last few hours, memecoins have started to correct while #BTC remains relatively stable.
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Memecoins Jump Before BTC, But End Sunday in Correction
Over the past few days, memecoins have significantly outperformed #BTC and other altcoins.
What stood out the most was Dogecoin, where the number of trades surpassed all others in its category.
The memecoins index, composed of DOGE, SHIB, PEPE, WIF, FLOKI, BONK, ORDI, 1000SATS, BOME, MEME, PEOPLE, and NEIRO, highlights how capital rotates aggressively into higher-risk assets during speculative phases.
However, in the last few hours, memecoins have started to correct while #BTC remains relatively stable.