Why memecoins are down today? How Trump’s gala dinner played a part

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AMBCrypto 12h ago

Why memecoins are down today? How Trump’s gala dinner played a part - AMBCrypto

Quick Summary:

Trump’s crypto dinner fallout just wrecked memecoins—yet whales might’ve spotted a rare entry window.

The ongoing dip in the above memecoins does not appear to be just a dip; it seems more like a crash, as the prices continue to decline and have changed the overall price action.

According to this historical pattern, whenever the memecoin’s price reached this level, it mostly experienced downside momentum.