The crypto market experienced a sharp sell-off in the past 24 hours, erasing over $2.29 billion in liquidation, a drop surpassing both the COVID crash and the FTX collapse. Many assets, including the pioneer memecoin Dogecoin (DOGE), tumbled 10-30% amid the widespread liquidation.
As portfolios take a hit, investors are now shifting focus to Doge Uprising (DUP), a new memecoin that blends humor, creativity, and real-world utility. This cutting-edge project integrates cryptocurrency, digital art, and storytelling, presenting an opportunity to strengthen portfolios with an asset poised for high-growth potential.
Dogecoin Struggles Amid Market Downtrend
According to CoinGlass data, over $2.29 billion in liquidation was lost from crypto markets within 24 hours on the 3rd of February. Coupled with Bybit’s CEO, Ben Zhou’s suggestion the total market correction may have wiped out up to $10 billion, the market seems to be in a dire state.
Amid this broader market liquidation, Dogecoin (DOGE), the leading community-driven memecoin, has tumbled 18.80% in the past week. Despite predictions of a rebound, its limited utility and heavy reliance on market trends makes in…
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