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Meme Coin Markets Plummet By $20B While New Projects Push Through Major Milestones

The meme coin market is once again making the news – but not for good reasons. According to CoinGecko, its market cap value dropped by more than 7.5% leaving investors worried about their potential profits. This downturn...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Meme Coin Markets Plummet By $20B While New Projects Push Through Major Milestones

The meme coin market is once again making the news – but not for good reasons.

According to CoinGecko, its market cap value dropped by more than 7.5% leaving investors worried about their potential profits.

This downturn was triggered by the recent massive liquidations with over $800 million worth of crypto sold off in the past 24 hours.

With these numbers, it’s no wonder that all coins turned red, with the meme coin sector taking the biggest hit.

However, there is still room for profit with these types of coins. The new Flockerz ($FLOCK) project has the potential to overcome all obstacles and secure enormous returns for investors.

Let’s check out the details.

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Why this matters

This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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