Memecoins
5 Celebrity Coins You Should Probably Sell This Week
Celebrity coins surged this month after a handful of tokens launched and the market rebounded. Last week marked the peak for most celebrity tokens, with some coins hitting all-time highs amid the frenzy. However, recent days have changed the momentum of celebrity coins along with the market as a whole.
On-chain data puts the market for these assets at $10.1 million, a small number compared to other giants. piece of money Classes. This has sparked greater participation from the community looking to make a quick profit from this asset class. This trend led to short-term capital inflows before outflows caused the prices of these assets to fall. Here are 5 celebrity meme pieces for sale this week.
Tate decision (TME)
Andrew Tate-themed crypto tokens dominated the coin spaces last week following huge price surges. However, recent figures show a decline in sentiment. TME is down 40% in the last 24 hours, plunging weekly numbers below 20%. Trading at $0.001419, the asset maintains a descending plateau from previous highs.
Mother Iggy (MOTHER)
MOTHER was one of the meme pieces dominating user spaces last week. The asset is trading at $0.1401, down 23.4% today although weekly flows remain in the green zone. Most analysts believe that the decline in market sentiment, coupled with the low traction of celebrity coins, could impact the token.
Top G (TOPG)
Top G, another Tate-themed token is down 43.7% today, with low intraday dew volumes adding to weakening sentiments. Top G is trading at $0.01598 with volumes recording declining numbers. According to CoinGecko data, its volume amounts to $13 million.
RNT
RNT is another meme coin affected by bearish sentiment with its falling price. The asset is trading at $0.02184, plunging 22.1% today. Token holders rallied behind the asset due to positive trading volumes during the market rally.
Timeless Davido (DAVIDO)
This token sparked a frenzy around social media spaces but immediately tanked leading to huge sales. At the time of writing, DAVID is trading at $0.00037, down 41.6% in the last 24 hours and 70% this week.
Read also: Why is the crypto market in decline today?
David is a financial news contributor with 4 years of experience in Blockchain technology and cryptocurrencies. He is interested in emerging technologies and has an eye for the latest news. Staying on top of trends, David has worked across several niches including regulation, partnerships, crypto assets, stocks, NFTs, and more. Far from the financial markets, David goes cycling and horse riding.