Meme Coins: The Puppets of Crypto’s Puppeteer 🎭💸

Meme coins, those digital clowns of the blockchain circus, have been unceremoniously tossed into the lion’s den. $8.57 billion evaporated in a single day-a financial burp in the grand scheme of things. Dogecoin (DOGE), that golden retriever of crypto, slumped 20.9%; SHIB, the Shiba Inu with delusions of grandeur, lost 13.8%; and PEPE, that pixelated frog, croaked 23.9%. PUMP, PENGU, BONK-all faced their own personal Icarus moments, while SPX plummeted 41.9%-a performance that would make Hamlet weep.