Memecoin ($MEME) Crypto Forecast: Down 7.4% Today

What is Memecoin?

MEME is a cryptocurrency token known for its unique approach to the meme culture, combining it with decentralized finance elements. The overall cryptocurrency market has been experiencing volatility with various tokens making significant movements.

Why is Memecoin going down?

MEME crypto is down 7.4% on Dec 21, 2024 23:07

• MEME's bearish movement today could be attributed to the overall market sentiment, as many cryptocurrencies are facing downward pressure.
• The negative news surrounding meme coins like DOGE, BONK, SHIB, and PEPE might have created a ripple effect, impacting investor confidence in MEME as well.
• The resurfacing of Haliey Welch and the controversy surrounding her meme coin fiasco could have added to the negative sentiment in the meme coin space, further influencing MEME's bearish movement.

MEME Price Chart

MEME Technical Analysis

MEME News

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PEPE’s road to recovery – A 10% hike, but will that be enough?

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Hawk Tuah girl Haliey Welch resurfaces to address her meme coin fiasco, only to get roasted by the internet

Hawk Tuah girl Haliey Welch resurfaces to address her meme coin fiasco, only to get roasted by the internet

https://cryptobriefing.com/hawk-tuah-controversy-meme-coin/

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Memecoin ($MEME) Crypto Forecast: Down 7.4% Today

Memecoin Price History

19.11.2024 - MEME Crypto was down 7.6%

• MEME saw a downward trend, possibly linked to a legal dispute involving another meme coin project, sparking concerns in the market.
• The rapid surge in market capitalization of meme coins like Unicorn Fart Dust and Fartcoin may have shifted investor focus away from MEME, leading to a sell-off.
• The market's overall sentiment towards meme coins, driven by speculation and market patterns, likely influenced MEME's decline, despite the success of coins like Fartcoin.

19.11.2024 - MEME Crypto was down 10.9%

• MEME likely experienced a bearish movement due to profit-taking by investors after a period of price increase.
• The surge in Fartcoin's market cap and the awakening of a dormant PEPE whale may have diverted attention and investment away from MEME.
• Mark Cuban's comments on meme coin controversies could have added to the overall skepticism surrounding meme tokens, impacting MEME's price negatively.
• The breakout of Simon's cat crypto at a low price point may have attracted traders away from MEME, contributing to its bearish movement.

19.11.2024 - MEME Crypto was down 17.2%

• The decline in MEME's value might be linked to the overall wavering sentiment surrounding meme coins, which have been subject to significant fluctuations.
• The rapid ascendancy of alternative meme coins like Fartcoin and Unicorn Fart Dust to market valuations in the millions and billions may have redirected investor focus from MEME.
• A major PEPE investor's re-entry into the market and the controversy encompassing meme coins, exemplified by comments from Mark Cuban, could have contributed to the downward pressure on MEME.
• Factors such as the market's doubt towards meme coins and a downturn influenced by the Fed could have also played a role in MEME's decline.

21.11.2024 - MEME Crypto was down 7.4%

• MEME's bearish movement today could be attributed to the overall market sentiment, as many cryptocurrencies are facing downward pressure.
• The negative news surrounding meme coins like DOGE, BONK, SHIB, and PEPE might have created a ripple effect, impacting investor confidence in MEME as well.
• The resurfacing of Haliey Welch and the controversy surrounding her meme coin fiasco could have added to the negative sentiment in the meme coin space, further influencing MEME's bearish movement.

21.11.2024 - MEME Crypto was up 15.4%

• MEME experienced a strong bullish movement likely due to the increasing popularity of meme coins among crypto holders.
• The listing of 11 new meme coins, including PNUT and GOAT, may have contributed to the positive sentiment surrounding MEME.
• The denial of HAWK Memecoin creation by Haliey Welch and her pledge of full cooperation in the lawsuit could have alleviated concerns within the meme coin community, leading to a bullish trend.
• Despite PEPE's 10% hike on its road to recovery, MEME managed to outperform, indicating a strong market demand for meme-inspired tokens.

21.11.2024 - MEME Crypto was down 6.4%

• MEME faced a downward movement today, potentially impacted by broader market sentiment and profit-taking.
• The decrease in MEME's price could also be linked to the overall bearish trend in meme coins, mirroring the challenges experienced by other tokens like SHIB and PEPE.
• Previous controversies, such as the meme coin incident involving Haliey Welch, may have contributed to the selling pressure on MEME.
• The introduction of new meme coins like PNUT and GOAT by Transak might have redirected focus and investment away from MEME, adding to its decline.

21.11.2024 - MEME Crypto was up 18.9%

• The positive market sentiment towards meme coins may have contributed to MEME's upward trend today.
• Statements from Haliey Welch disassociating from the HAWK memecoin controversy could have inspired confidence and reassurance among MEME holders.
• Transak's addition of 11 new meme coins, such as PNUT and GOAT, might have increased visibility within the meme coin sector, positively impacting tokens like MEME.
• Despite fluctuations in SHIB and PEPE, MEME's significant upward movement indicates a current preference for MEME among investors compared to other meme coins.

18.11.2024 - MEME Crypto was down 5.3%

• Despite receiving increased support from Binance, MEME saw a bearish movement, possibly due to a sell-off by investors.
• Mark Cuban expressing sympathy for 'Hawk Tuah' girl in the meme coin controversy raised concerns about regulatory scrutiny, leading to a market sell-off.
• The emergence of Simon's cat crypto and the potential rise of Pepe coin may have diverted investor interest from MEME, contributing to its bearish movement.
• The introduction of TurboChain and TurboSwap for the AI Meme Coin TURBO by Aurora Labs could have drawn attention away from MEME, negatively impacting its price.

18.11.2024 - MEME Crypto was down 5.7%

• The bearish movement of MEME today can be attributed to several factors:
• The awakening of a dormant PEPE whale moving a significant amount of tokens could have sparked fear and uncertainty among investors, leading to a sell-off.
• Mark Cuban's sympathy towards the 'Hawk Tuah' girl in the midst of a meme coin controversy may have raised concerns about regulatory scrutiny in the meme coin space.
• The breakout of Simon's cat crypto and the potential surge of Pepe might have diverted investor attention and funds away from MEME.
• Despite the positive news of a 50% jump in a competing meme coin following support from Binance, investors might have shifted their focus towards more promising opportunities, causing a bearish sentiment for MEME.

18.11.2024 - MEME Crypto was down 10.2%

• The bearish movement in MEME today could be attributed to the overall market sentiment towards meme coins, as investors may be cautious due to the speculative nature of these tokens.
• The awakening of a dormant PEPE whale and the controversy surrounding meme coins might have added to the negative sentiment, leading to selling pressure on MEME.
• The news of Fartcoin hitting a $1 billion market cap and the potential surge in Pepe could have shifted investor focus away from MEME, impacting its price negatively.
• The breakout of Simon's cat crypto and the discussion around its future price trajectory might have diverted attention and investment away from MEME, contributing to its bearish movement today.

20.11.2024 - MEME Crypto was up 5.6%

• The bullish movement of MEME today could be linked to the growing popularity of meme coins, with Meme Coins surpassing BTC and BNB in popularity among crypto holders.
• The presence of Haliey Welch in the spotlight, discussing the meme coin issue related to HAWK, may have reignited interest in meme coins, including MEME.
• Despite the legal action and negative attention surrounding Haliey Welch and the HAWK meme coin incident, the overall trend of meme coins gaining traction appears to have positively impacted MEME's price today.
• The introduction of 11 new meme coins by Transak, such as PNUT and GOAT, could have also played a part in the positive sentiment and bullish movement of MEME in today's market.

20.11.2024 - MEME Crypto was down 6.3%

• MEME experienced a bearish movement likely due to the negative sentiment surrounding the HAWK Memecoin crash and the subsequent lawsuit involving Hailey Welch's team.
• The rise of meme coins like Unicorn Fart Dust and Fartcoin reaching significant market caps could have diverted investor attention away from MEME, contributing to its downward trend.
• The overall market shift towards meme coins overtaking established cryptocurrencies like BTC and BNB in popularity might have also impacted MEME's performance negatively.
• Despite the Fed-induced downturn, Fartcoin managed to reach an all-time high market cap, showcasing the speculative nature of meme coins that could have influenced the bearish movement in MEME.