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Wall Street abandons Dogecoin and Shiba Inu memecoins

Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) collapse as Wall Street favors Bitcoin.

Published 8sem1 sourceNotableupdated 2sem
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The fact

Their valuation drops as institutional investors move away from these speculative assets.

Does this trend signal the end of the hype around humorous cryptocurrencies?

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Why it matters

L’effondrement des memecoins, autrefois portés par une spéculation virale, reflète un recentrage des investisseurs vers des actifs plus stables comme le Bitcoin, marquant un tournant dans l’écosystème crypto.

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