The cryptocurrency market continues to show significant price fluctuations, causing concern among investors about future prospects.
XRP Market Challenges
The cryptocurrency market experienced a downturn in the past 24 hours, with many digital assets losing value, including XRP, which dropped by 10%. XRP was trading slightly above $2 before dipping below this psychological level.
PI Network’s Success
Contrary to the bearish trend, PI Network's token has shown impressive gains, rising by 250% over the week and reaching a new high of nearly $3. Some analysts link this surge to a possible listing on Binance.
Meme Coins Struggles
Meanwhile, meme coins such as Dogecoin, Shiba Inu, and others have faced steep price declines following the SEC’s statement about the low functional value of these assets.
The cryptocurrency market remains highly volatile, and investors continue to approach assets with caution, especially due to regulatory uncertainties.
