{"id":137744,"date":"2024-12-16T17:44:10","date_gmt":"2024-12-16T10:44:10","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=137744"},"modified":"2024-12-16T17:44:10","modified_gmt":"2024-12-16T10:44:10","slug":"the-fall-of-memecoins-like-doge-top-3-reasons-why-theyre-losing-their-edge","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=137744","title":{"rendered":"The fall of memecoins like DOGE: Top 3 reasons why they\u2019re losing their edge"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Memecoins have struggled to outpace their rivals by failing to establish themselves as a true store of value.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Now, it seems they\u2019re losing ground on other fronts as well.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">While most coins have rallied on the news of Trump returning to the White House, <a href=\"https:\/\/ambcrypto.com\/category\/memecoins\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">memecoins<\/a> have struggled to keep up, sparking yet another debate on their lack of long-term value.\u00a0 Given the performance of other <a href=\"https:\/\/ambcrypto.com\/category\/altcoins-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">altcoins<\/a>, that argument might actually hold some weight.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Still, it may not be too late for a shift\u2014memecoins have proven resilient before, thriving on community support and hype. The real question now is: can that same hype drive a shift in momentum, or are we witnessing the start of a trend where memecoins finally lose their appeal for good?<\/span><\/p>\n<h2><b>Largest memecoin may be losing its biggest asset<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">To truly grasp the volatility of these tokens, <a href=\"https:\/\/ambcrypto.com\/category\/dogecoin-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Dogecoin [DOGE]<\/a> stands out as the perfect example. While many still associate DOGE with the buzz from high-profile endorsements, it might be losing its most powerful asset \u2013 the backing it once had.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even with a government department named after this dog-coin, the price impact? It never really took off. In fact, the $1 price target seems to be slipping further out of reach.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Could this be a turning point for DOGE? A moment where its community moves beyond the hype and evolves into something more meaningful\u00a0 \u2013 a group with a long-term vision?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For now, the answer seems a clear \u2018No.\u2019 A quick glance at its price chart tells the story \u2013 it\u2019s still highly speculative. One red candlestick is all it takes to erase the gains from a whole string of green ones.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the largest memecoin, with a market cap bigger than that of other meme-tokens combined, it\u2019s hard to see memecoins overtaking altcoins anytime soon.<\/span><\/p>\n<h2><b>These coins are easy target of market manipulation<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">In a recent report, AMBCrypto <\/span><a href=\"https:\/\/ambcrypto.com\/dogecoin-traders-is-the-dip-to-0-40-a-risk-or-an-opportunity-for-you\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">exposed<\/span><\/a><span style=\"font-weight: 400;\"> how major players with huge stakes are keeping DOGE trapped in its consolidation phase, using a classic manipulation strategy to prevent any breakout.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This brings us to a crucial point: Memecoins, like DOGE, rely heavily on community support to thrive \u2013 but ironically, it\u2019s this very dependence that causes their wild price swings.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Take <a href=\"https:\/\/ambcrypto.com\/category\/pepe-coin-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">PEPE<\/a>, for example. With a market cap of $9 billion, nearly <i>\u201c<\/i>half\u201d <\/span><span style=\"font-weight: 400;\">of its holdings are controlled by whale wallets, accounting for about 190 trillion tokens. These whales hold the power to move the market at will, tipping the scales in their favor.<\/span><\/p>\n<div id=\"attachment_452428\" style=\"width: 1659px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-452428\" class=\"wp-image-452428 size-full\" alt=\"memecoins\" width=\"1649\" height=\"356\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216.png 1649w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216-300x65.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216-1024x221.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216-768x166.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216-1536x332.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216-1200x259.png 1200w\" data-lazy-sizes=\"(max-width: 1649px) 100vw, 1649px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-452428\" class=\"wp-image-452428 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216.png\" alt=\"memecoins\" width=\"1649\" height=\"356\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216.png 1649w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216-300x65.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216-1024x221.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216-768x166.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216-1536x332.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-15-190216-1200x259.png 1200w\" sizes=\"auto, (max-width: 1649px) 100vw, 1649px\"\/><\/a><\/p>\n<p id=\"caption-attachment-452428\" class=\"wp-caption-text\">Source : IntoTheBlock<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">What\u2019s even more striking is the <a href=\"https:\/\/app.intotheblock.com\/coin\/PEPE\/deep-dive?group=ownership&amp;chart=concentration\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">scale<\/a> of their transactions \u2013 whether buying or selling \u2013 often in the billions or even trillions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This textbook manipulation strategy, where they buy at a discount and sell at a premium, keeps memecoins trapped in a volatile cycle, leaving the market in a constant state of uncertainty and retail investors on edge.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With all this in mind, predicting that these coins will hit new highs next year might be a bit of wishful thinking.\u00a0<\/span><\/p>\n<hr\/>\n<p style=\"text-align: center;\">Read\u00a0<a href=\"https:\/\/ambcrypto.com\/predictions\/dogecoin-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Dogecoin [DOGE] Price Prediction<\/a>\u00a02024-2025<\/p>\n<hr\/>\n<p><span style=\"font-weight: 400;\">The reasoning is clear: beyond losing their appeal as \u2018real-use-case\u2019 assets, memecoins are struggling on multiple fronts.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Big players manipulate the market, stifling their true potential, while their failure to evolve into a true store of value leaves the door wide open for altcoins to dominate.<\/span><\/p>\n<div class=\"post-nav\">\n<div class=\"previous-blog\">\n\t\t\t\t\t\t\t\t\t\t\tPrevious: <a href=\"https:\/\/ambcrypto.com\/bitcoin-hits-106-5k-how-institutional-investors-are-driving-btcs-surge\/\" rel=\"next\" data-wpel-link=\"internal\">Bitcoin hits $106.5K! How THIS group is driving BTC\u2019s surge<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<div class=\"next-blog\">\n\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/blur-nft-market-trading-volume-surges-5x-can-blur-token-price-rise-too\/\" rel=\"prev\" data-wpel-link=\"internal\">Blur NFT market trading volume surges 5X: Can BLUR token price rise too?<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/ambcrypto.com\/the-fall-of-memecoins-like-doge-top-3-reasons-why-theyre-losing-their-edge\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Memecoins have struggled to outpace their rivals by failing to establish themselves as a true store of value. Now, it seems they\u2019re losing ground on other fronts as well. While &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=137744\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-137744","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/137744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=137744"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/137744\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=137744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=137744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=137744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}