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Dogecoin, Shiba Inu, Pepe Crash Over 10%: 'There Are No Blue Chips' Among Memes, Warns Trader


Meme coins such as Dogecoin, Shiba Inu, and Pepe experienced significant drops, with losses ranging from 10% to 11.1%. Dogecoin's value plummeted by over 10%, leading to $60 million in liquidated positions, while Shiba Inu saw a 5,500% increase in its burn rate. Dogecoin has fallen to the ninth position in market capitalization. For the full story, visit Benzinga.com.

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