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The Shiba Inu price dropped 16% in the last 24 hours to trade at $0.000020 as of 4.45 a.m. EST on trading volume that surged 11% to $1.56 billion. The reason behind the drop was the US Federal Reserve Chair Jerome Powell’s recent comments, indicating caution over interest rate cuts that spooked markets. Powell said that inflation might be higher than expected, which could result in interest rates remaining high for longer, which resulted in a broad sell-off in risk assets, with crypto markets seeing $1.2 billion in liquidations. Powell also dismissed speculation on Bitcoin reserves which Trump introduced as an idea during his presidential campaign, which further contributed to the sell-off. As Bitcoin crashed, the rest of the crypto market followed, with many among the top 10 largest cryptos dropping more than 10%. By far the biggest loser on this list is Dogecoin, which dropped over 17%. Meanwhile, in the meme coin sector, most cryptos have been crashing just as much. Pepe dr...

The Peanut The Squirrel price dropped 9% in the last 24 hours to trade at $1.6261 as of 2 a.m. EST on trading volume that dropped 20% to $1.26 billion. The token’s price has been skyrocketing between November 4 and 14, when it climbed to an all-time high (ATH) at $2.47. Since then, however, its price corrected and has been stuck between a support at $1.6 and a resistance at $2. This means that the PNUT token has been relatively stable, and on a weekly basis, its growth is still exceptional, going beyond 239%. However, on a day-to-day basis its price has been seeing significant fluctuations. While this opens the door for day traders to make their move, and indeed, many have used its fluctuations to make small bits of profit multiple times throughout the day. However, the fact that Peanut The Squirrel price is seeing such sharp drops is interesting, as the token has plenty of reasons for growth in terms of fundamental Analysis . Just yesterday, KuCoin Earn announced the launch o...

The MAGA Hat price plunged over 6% in the last 24 hours to trade at $0.0001791 as of 7:29 a.m. EST as investors offload their holdings in the political meme coin. The drop in the MAGA price comes as American voters gear up to vote in today’s US election. Odds of a Donald Trump victory have jumped 5% on Polymarket in the last 24 hours. After the uptick, Trump’s chances of taking the White House stand at 62%. MAGA Hat Price Oscillating Around A Major Price Level 4-hour chart for MAGA/USD (Source: GeckoTerminal ) The MAGA Hat price is hovering around the $0.0001780 resistance level and is attempting to flip the major price level into support. Closing a 4-hour candle above this mark within the next 12 hours could give the political meme coin the foundation needed to rise in the following 24 hours. MAGA might then try to overcome the $0.0002302 barrier to rise to as high as $0.0002908. However, the MAGA Hat price failing to establish a position above $0.0001780 within th...

The MAGA Hat price surged 25% in the last 24 hours to trade at $0.0002481 as of 00:26 a.m. EST on trading volume that skyrocketed 117% to $39.4 million. This comes as Trump’s election odds on Polymarket reach 66.4%, with Kamala Harris languishing at 33.7%. The US election is now just 7 days away. MAGA Hat Price Could Continue Soaring The Maga Hat price is experiencing a strong uptrend, with a breakout above a consolidation pattern that appears to be a descending triangle. Descending triangles often signal bearish continuation, but when broken to the upside (as in this case), they can indicate a reversal to bullish momentum. The $0.0001392 has allowed the bulls to push the price of MAGA Hat through a parabolic curve, which affirms the current bullish stance, according to data from GeckoTerminal .  MAGA now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the positive bullish momentum. Moreover, the Relative Strength Index (RSI) i...