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. - source
Ignorance is not a strategy.