CoinGecko Don Report Say Memecoin Market Dey Fall As Investors Dey Doubt And Regulatory Wahala Dey Ground
Memecoin market don dey see serious kasala, as CoinGecko talk am, with 32% drop for market money and 72% fall for how much people dey trade. Big things wey happen like when LIBRA token no work and when dem catch people dey do insider trading don scatter investor mind. Even with all these wahala, CoinGecko oga, Bobby Ong dey yarn say market na like cycle, e go surely bounce back. Memecoin like Dogecoin, Shiba Inu, and Bonk don stand strong for this fall, because dem get strong gang wey dey support dem. Rules wey dem wan put down, like New York wey wan punish crypto wayo people more, fit change how market dey go. Investors dey look more to crypto wey dey stable like Bitcoin and Ethereum, e dey show say market fit change small.
Neutral
Memecoin market dey face big wahala, wey include investor doubt sake of failed launch and insider trading scandal. As market dey show sign of stagnation, some memecoin wey get strong community still dey hold their ground. The way dem dey put eye on regulation, especially for US, fit lead to better market condition for long term. But the effect no too bad or too good now now, as traders dey shift focus to asset wey dey stable, wey show say dem no dey take side for short to medium term.