Global #selling activity

The meme coin market is experiencing a significant downturn in the first week of 2025, with Pepe (PEPE) leading the decline.

Bitcoin (BTC) has pulled back from its recent high of $93,495, currently trading at $92,428, as profit-taking among investors intensifies.

The MAGA (TRUMP) token, a cryptocurrency tied to political branding, has seen a significant downturn in recent weeks, with its price plummeting by 35%.

The price of Toncoin (TON), associated with Telegram, is currently under significant pressure, with indications that it could drop below $5 soon. Since September 28, TON has been on a steady decline, losing approximately 10% of its value.

Toncoin (TON) has experienced significant price fluctuations in recent weeks, struggling to establish a solid support level around $5.96. After a series of unsuccessful attempts to maintain this threshold, the price of the Telegram-linked cryptocurrency has fallen below key support levels, prompting concerns among investors about its future trajectory.

After a prolonged period of uncertainty, the cryptocurrency market is experiencing renewed optimism following the Federal Reserve's decision to cut interest rates for the first time in four years.

Shiba Inu (SHIB), the popular meme coin, might be due for a comeback as on-chain data suggests a slowdown in selling activity. Investors are cautiously optimistic after a significant decline in the number of SHIB tokens transferred to exchanges, often a precursor to selling.