
{"id":30154,"date":"2024-12-20T22:08:45","date_gmt":"2024-12-20T22:08:45","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=30154"},"modified":"2024-12-20T22:08:45","modified_gmt":"2024-12-20T22:08:45","slug":"dogecoin-dogwifhat-among-biggest-meme-coin-losers-but-some-traders-remain-bullish-on-new-entrants-stars-wepe","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=30154","title":{"rendered":"Dogecoin, DogWifHat Among Biggest Meme Coin Losers but Some Traders Remain Bullish on New Entrants STARS, WEPE"},"content":{"rendered":"<p>It\u2019s a bloodbath in the crypto market this week, with Dogecoin and DogWifHat taking a serious hit.<\/p>\n<p>However, some newer meme coins are still thriving.<\/p>\n<p>Crypto All-Stars and Wall Street Pepe continue to gain traction \u2013 and some experts suggest they could be about to explode soon.<\/p>\n<h2>DOGE &amp; WIF Plunge as Meme Coin Investors Get a Reality Check<\/h2>\n<p>DOGE and WIF are feeling the heat right now.<\/p>\n<p>Dogecoin has plummeted<a href=\"https:\/\/coinmarketcap.com\/currencies\/dogecoin\/\" target=\"_blank\" rel=\"noopener\"> to just $0.29<\/a>, its lowest price since November 11.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/12\/Picture1-29.png\"><\/a><\/p>\n<p>The coin has also lost an enormous $16 billion in value over the past week alone.<\/p>\n<p>DOGE\u2019s nosedive has left traders scrambling and wondering how far the OG meme coin will fall.<\/p>\n<p>DogWifHat, with its signature dog mascot, isn\u2019t doing much better.<\/p>\n<p>WIF has<a href=\"https:\/\/coinmarketcap.com\/currencies\/dogwifhat\/\" target=\"_blank\" rel=\"noopener\"> tumbled to $1.87<\/a>, a 34% drop since Tuesday\u2019s local high.<\/p>\n<p>And what\u2019s worse, the <a href=\"https:\/\/coinalyze.net\/dogwifhat\/open-interest\/\" target=\"_blank\" rel=\"noopener\">falling open interest<\/a> suggests traders are starting to lose faith in the coin.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/12\/Picture2-27.png\"><\/a><\/p>\n<p>It\u2019s not just these two, either.<\/p>\n<p>SHIB, PEPE, and BONK have also suffered double-digit losses in the past 24 hours.<\/p>\n<p>The selloff is<a href=\"https:\/\/coinmarketcap.com\/view\/memes\/\" target=\"_blank\" rel=\"noopener\"> affecting all the top coins<\/a>, and only Fartcoin has managed to post a small gain.<\/p>\n<p>It looks like meme coin traders are again learning that what goes up must come down.<\/p>\n<h2>Jerome Powell\u2019s Hawkish Stance Prompts Meme Coin Turmoil<\/h2>\n<p>Jerome Powell, the Fed chair, is one of the main reasons for the meme coin selloff.<\/p>\n<p>His comments after this week\u2019s rate cut sent shockwaves through the markets, and meme coins, being the most volatile corner of crypto, have been hit the hardest.<\/p>\n<p>Powell\u2019s hint that there might be fewer rate cuts than expected in 2025 spooked traders who were all about taking risks.<\/p>\n<p>But it\u2019s not just the Fed\u2019s doing.<\/p>\n<p><a href=\"https:\/\/coinmarketcap.com\/charts\/bitcoin-dominance\/\" target=\"_blank\" rel=\"noopener\">Bitcoin\u2019s growing dominance<\/a> is pulling money away from altcoins and meme coins as investors seek safety in the crypto equivalent of gold.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/12\/Picture3-9.png\"><\/a><\/p>\n<p>Add to that a wave of liquidated positions, and you\u2019ve got a recipe for disaster.<\/p>\n<p>The big players are cashing out while they can, and when \u201cwhales\u201d make moves, the impact is enormous.<\/p>\n<p>This can be brutal for meme coins, which are entirely driven by market sentiment.<\/p>\n<p>However, these difficult conditions might only be temporary.<\/p>\n<p>Crypto influencers like<a href=\"https:\/\/x.com\/XYOPepe\/status\/1869579261428072524\" target=\"_blank\" rel=\"noopener\"> @XYOPepe<\/a> believe the crypto market correction is now over.<\/p>\n<p>If that\u2019s accurate, meme coins like DOGE and WIF could be ready for a swift comeback.<\/p>\n<h2>New Meme Coins Crypto All-Stars &amp; Wall Street Pepe Keep Growing Despite Market Downturn<\/h2>\n<p>Although established meme coins are in the red, two newcomers are proving that the right project can still generate excitement.<\/p>\n<p>The first is<a href=\"https:\/\/cryptopotato.care\/b_cryptoas-en_111561?referrer=dogecoin-dogwifhat-among-biggest-meme-coin-losers-but-some-traders-remain-bullish-on-new-entrants-stars-wepe\" target=\"_blank\" rel=\"noopener\"> Crypto All-Stars<\/a>, which just wrapped up a presale phase that raised over $26 million.<\/p>\n<p>Hype is now building as STARS\u2019 market launch on Monday approaches.<\/p>\n<p>The potential gains with STARS are not the only thing generating buzz \u2013 the project\u2019s MemeVault platform is also receiving considerable attention.<\/p>\n<p>MemeVault lets investors stake 11 different meme coins to earn tokenized rewards.<\/p>\n\n<div class=\"embed\"><\/div>\n<p>There\u2019s nothing else like it on the market right now, which is why popular influencers like<a href=\"https:\/\/youtu.be\/OsE9cOC2DtQ?si=fdnUZxnYFb_XJR9N\" target=\"_blank\" rel=\"noopener\"> ClayBro<\/a> have shown interest in Crypto All-Stars.<\/p>\n<p>Meanwhile,<a href=\"https:\/\/cryptopotato.care\/b_wspepe-en_662?referrer=dogecoin-dogwifhat-among-biggest-meme-coin-losers-but-some-traders-remain-bullish-on-new-entrants-stars-wepe\" target=\"_blank\" rel=\"noopener\"> Wall Street Pepe<\/a> is also seeing an uptick in interest.<\/p>\n<p>This new meme coin has raised over $32.8 million<a href=\"https:\/\/x.com\/WEPEToken\/status\/1869776758599303548\" target=\"_blank\" rel=\"noopener\"> in presale<\/a> already, making it one of the fastest-growing pre-launch projects ever.<\/p>\n<p>Wall Street Pepe is drawing attention by offering actual utility.<\/p>\n<p>Its VIP group will feature trading signals, alpha calls, strategies, tips, and even trading competitions with WEPE rewards.<\/p>\n<p>Frog army is the meta. <\/p>\n<p>Join us: <a href=\"https:\/\/t.co\/ZDBhKay9ss\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/ZDBhKay9ss<\/a> <a href=\"https:\/\/t.co\/nincuz3IYu\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/nincuz3IYu<\/a><\/p>\n<p>\u2014 Wall Street Pepe (@WEPEToken) <a href=\"https:\/\/twitter.com\/WEPEToken\/status\/1869776758599303548?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">December 19, 2024<\/a><\/p>\n<p>So, although it has that \u201cdegen\u201d appeal, investors are also excited by the promise of a real trading advantage.<\/p>\n<p>Ultimately, the interest in<a href=\"https:\/\/cryptopotato.care\/b_cryptoas-en_111561?referrer=dogecoin-dogwifhat-among-biggest-meme-coin-losers-but-some-traders-remain-bullish-on-new-entrants-stars-wepe\" target=\"_blank\" rel=\"noopener\"> Crypto All-Stars<\/a> and<a href=\"https:\/\/cryptopotato.care\/b_wspepe-en_662?referrer=dogecoin-dogwifhat-among-biggest-meme-coin-losers-but-some-traders-remain-bullish-on-new-entrants-stars-wepe\" target=\"_blank\" rel=\"noopener\"> Wall Street Pepe<\/a> shows that innovation can still attract investors, even in a down market.<\/p>\n<p>These projects offer more than just funny memes \u2013 they provide real benefits that traders find valuable.<\/p>\n<p>It could be a sign that the meme coin sector is finally maturing.<\/p>\n<p><strong>Disclaimer<\/strong><em>: The above article is sponsored content; it\u2019s written by a third party. CryptoPotato doesn\u2019t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.<\/em><\/p>\n<p><em>Readers are also advised to read CryptoPotato\u2019s\u00a0<a href=\"https:\/\/cryptopotato.com\/disclaimer\">full disclaimer<\/a>.<\/em><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/dogecoin-dogwifhat-among-biggest-meme-coin-losers-but-some-traders-remain-bullish-on-new-entrants-stars-wepe\/\">Dogecoin, DogWifHat Among Biggest Meme Coin Losers but Some Traders Remain Bullish on New Entrants STARS, WEPE<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>It\u2019s a bloodbath in the crypto market this week, with Dogecoin and DogWifHat taking a serious hit. However, some newer meme coins are still thriving. Crypto All-Stars and Wall Street Pepe continue to gain traction \u2013 and some experts suggest they could be about to explode soon. DOGE &amp; WIF Plunge as Meme Coin Investors [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":30155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-30154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/30154"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30154"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/30154\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/30155"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}