Dogecoin, Shiba Inu, and Pepe Coin, the three most powerful memes, have had massive dips in December. The main reason for the underperformance was Bitcoin’s fall to $95,050 at one point on Tuesday. Economic concerns and traders’ profit-taking also contributed to the dip. After the FED announced controlled interest rate cuts in 2025, the meme coin market became the biggest loser.
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