4 Tokens Of Celebrity Meme Coins Mandatory To Release!
JAKARTA - This month, several new meme tokens were launched, marking the long-awaited market rebound. However, the peak of glory is often followed by slump. Last week, celebrity tokens reached their highest value, but in recent days, the trend has begun to fade, in line with the overall decline in the market.
From available on-chain data, the celebrity meme coin asset market is recorded to have a value of 10.1 million US Dollars (approximately Rp164 billion), a fairly small number when compared to other more dominant meme coins classes. However, this does not reduce the enthusiasm of the community that continues to hunt for rapid profits from these assets. This trend creates a large influx of inflow waves, but unfortunately, only temporary and is followed by a massive withdrawal of funds, causing these asset prices to plummet. Based on CoinGape's information, here are five celebrity meme coins that according to market analysis, you should sell this week:
The crypto coin with the theme Andrew Tate, Tate Stop (TME), had dominated the meme coin market with a dramatic price spike. However, the latest figures show declining market sentiment. TME has decreased by 40% in the last 24 hours, with weekly declines below 20%. With current prices at 0.001419 US Dollars (around Rp23.11), these assets continue to show a downward trend from previous highs.
Mother Iggy (MOTHER), a meme coin that once dominated user attention, is now experiencing a decline. The asset is trading at 0.1401 US Dollars (around Rp2,281), down 23.4% today, although it is still in the green zone weekly. Analysts argue that a decline in market sentiment and low interest in celebrity coins could have a negative impact on this token.
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Top G, another token inspired by Tate, decreased by 43.7% today, with low trading volume, adding to its list of weakening market sentiment. Top G is trading at 0.01598 US Dollars (approximately IDR 260.3), with volumes continuing to decline. Data from CoinGecko recorded a volume of 13 million US Dollars (approximately IDR 211.7 billion).
RNT, another meme coin affected by bearish sentiment, continues to decline in price. The asset is trading at 0.02184 US Dollars (around Rp355.66), down 22.1% today. The token holder had provided support during the market spike, but now has to face the harsh reality.
In addition to the four coins above, there are several other celebrity meme coins that have also experienced a decline in sentiment and price. With high volatility and an unstable market, investors are advised to be careful and consider selling these coins.