Meme Coin Hype Declines
This is a news story, published by CoinGape, that relates primarily to Berachain news.
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volatile crypto marketCoinGape
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Business & Economics
With the declining hype, PENGU, BERA, and ANIME dropped 60% from their peak
59% Informative
PENGU, ANIME, Berachain , and BERA altcoins dropped 60% from their peak.
Despite their struggles, these altcoins are recovering today , but investors must check market sentiments and utility.
The biggest challenge with crypto airdrops is that people quickly move on from assets that lack an incentive model.
PENGU is still gaining attention, hinting at the possibility of better recovery.
ANIME, ANIME and BERA altcoins struggle with post-launch volatility.
The other two altcoins are struggling to recover, but the other two struggle with volatility.
READ: Bitcoin Price Jumps To $ 97 K, ETH Gains 6% , & CAKE Soars 59% .
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