By cryptoadmin 
As Bitcoin (BTC), the biggest cryptocurrency, is making one other try to overcome the $100,000 stage, dozens of altcoins are dropping their worth. Standard meme cryptocurrencies are on the record of the worst performers, but some new cryptos on this sphere have entered the highest 100.
Dogwifhat (WIF), Bonk (BONK), Brett (BRETT): Meme cryptos in crimson at the moment
The phase of meme cryptocurrencies misplaced over $100 million of its capitalization within the final 24 hours. Whereas the market benchmark is down by 0.4%, the meme coin cap dropped by over 1.1% at the moment, Jan. 6, 2024.
On the record of the ten worst performing cryptocurrencies within the high 100 are two meme cash: Solana's largest dog-coin, Dogwifhat (WIF) and multi-blockchain meme coin Bonk (BONK). Dogwifhat (WIF) misplaced 2,8% within the final 24 hours and is struggling to carry seventy fifth place within the high rankings.
Bonk (BONK) is down by 2.1%, and its value is able to lose the delicate stage of $0,000034. Meanwile, on the weekly time-frame, each currencies are within the inexperienced.
Within the second hundred of the biggest cryptocurrencies record, Peanut the Squirrel (PNUT) erased 3% of its market cap tonight. The asset is buying and selling at $0.7405 on main spot exchanges.
Dealer Henrik Zeberg: Meme cash consolidating earlier than explosive progress
In the meantime, some smaller meme cash are demonstrating spectacular progress charges. SPX6900 (SPX), one in all Murad's largest meme cash, jumped into the highest 100 cryptos with a 20% market cap surge.
Additionally, ai16z (AI16Z), a meme coin of an AI-driven DAO, surged by 21% and hit a brand new native excessive over $2.12.
Outstanding dealer Henrik Zeberg is optimistic in regards to the potential for meme cash' progress within the midterm. He’s sure that main meme cash, together with Dogwifhat (WIF), are nonetheless of their consolidation part:
Memes are consolidating…. they need to explode in some unspecified time in the future! Then we grasp on for pricey life!!
Dogecoin (DOGE), the biggest meme coin, is up by 2.5%. The oldest dog-themed crypto is altering arms at $0.39 on main spot exchanges.