Crypto Price Prediction as Meme Coins Shed $10B Ahead of Monthly Close, What’s Next?
The post Crypto Price Prediction as Meme Coins Shed $10B Ahead of Monthly Close, What’s Next? appeared on BitcoinEthereumNews.com.
Crypto prices are down today, May 30, in one of the worst intraday declines this month. This dip has led to meme coins shedding more than $10 billion in market cap, with Pepe Coin (PEPE) and Fartcoin (FARTCOIN) recording some of the biggest losses. Considering the typical volatility that often rocks the crypto market during most monthly closes, what’s the crypto price prediction for top meme coins? Meme Coin Market Cap Sheds $10B The total meme coin market cap is down by more than $10 billion in the last seven days, with this metric dropping from $74 billion to $64 billion during this time. This valuation currently stands at its lowest level since May 9. Meme Coins Market Cap This price decline in top-performing meme coins in May coincides with the bearish crypto price prediction during the first and the last week of each month. For instance, during the April monthly close, the meme coin market cap dropped from $52 billion to $57 billion during the monthly close. An even steeper crash of $16 billion was seen between late March and early April. Besides following historical patterns, Pepe Coin, Fartcoin, and other meme coin prices are shedding their gains due to a shift in the market sentiment. The Fear and Greed Index has declined from 74 to 69 in one day, and it is now at the lowest point in more than three weeks. Nevertheless, the ongoing decline is not unique to meme coins only, as the broader crypto market is also crashing. As Coingape reported, over 217,000 traders have been liquidated in the last 24 hours, with the total liquidations surpassing $700 million. Crypto Price Prediction – What’s Next for PEPE and FARTCOIN Price? As the crypto price prediction for most meme coins flips bearish, PEPE and FARTCOIN are…
Filed under: News - @ May 31, 2025 10:26 am