Spotlight

Crypto Markets In Panic But Investors Rush To Buy The Meme Coins Dip; Safemoon And Shiba Inu

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Spotlight

The crypto markets have been hammered by a wave of negative sentiment in the last 24 hours.

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Investors are in panic looking at the fall in prices of some of the most well-known cryptocurrencies of the planet.

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Bitcoin, Ethereum, ADA, Solana, and BNB all plunged over 5% yesterday.

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While the cryptos were down, there were some coins that were garnering special attention of the Twitter and Reddit traders.

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Safemoon, one of the rising meme-coins attracted massive attention of the crowd that wanted to ‘buy the dip’ on it.

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Similar, the darling memecoin of the cryptocurrency market Shiba Inu had a lot of ‘Buy The Dip’ buzz around it.

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Recently, Safemoon gained more than 30% in a span of 24 hours. In the last 12 days, the cryptocurrency is up by 83%.

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The hashtag #SafeMoon is bustling with posts and tweets on Twitter at the moment.

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Crypto Markets In Panic But Investors Rush To Buy The Meme Coins Dip; Safemoon And Shiba Inu