Recent Volatility in Meme Coins

The meme coins have noted massive volatile trading lately amid a broader crypto market downturn. Notably, top players in the segment like DOGE, PEPE, SHIB, FLOKI, and others have also experienced considerable fluctuations, raising market concerns.

Amid this, a recent report suggests the turbulence may not be over yet. Derivatives data reveals a potential further decline in the assets’ prices, raising concerns among investors.