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Bitcoin Drops Below $85K: Impact on Meme Coins and Market Reaction

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by Giorgi Kostiuk

3 hours ago

The cryptocurrency market is alarmed by the recent drop of Bitcoin below $85K, causing a domino effect impacting many meme coins.

Meme Coins Under Pressure: A Current Situation Overview

With Bitcoin falling below $85K, meme coins face significant challenges. Shiba Inu (SHIB) remains in a downtrend, while Floki Inu (FLOKI) relies on token burns to maintain its standing.

Investing in BTFD Coin Amid Market Uncertainty

Amid negative trends, BTFD Coin attracts investor attention during market turbulence. This project is designed to thrive in downturns, offering rewards through gaming and a staking system with 90% APY.

Market Movement: What to Expect from Shiba Inu and Floki Inu?

SHIB bulls are trying to push the price higher despite volatility, while FLOKI is taking steps including MetaMask integration and token burns to stabilize.

Despite market challenges, new opportunities are presented by projects like BTFD Coin, while other meme coins strive to stay afloat.

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