CryptoPotato - A brief Bitcoin surge to $95,000 was followed by a sharp correction, eliminating over $400 million in mostly meme coin cryptocurrency positions, highlighting the market's volatility and risk

blockchainhorror - 2 days ago

https://cryptopotato.com/meme-coin-bloodbath-as-pepe-bonk-wif-pnut-popcat-dump-by-double-digits/

Bitcoin briefly spiked to $95,000 before a sharp correction, wiping out over $400 million in cryptocurrency positions, mostly in meme coins.

This volatile market highlights the significant risk associated with altcoins, particularly meme coins, which experienced double-digit percentage drops.

Users should exercise extreme caution and vigilance when investing in cryptocurrencies, especially those with high volatility and potential for rapid loss.