😵‍💫 Meme Coin Meltdown: $PEPE , $WIF , and Fartcoin Buckle as Hype Dies Down

Altcoins fade while$BTC Bitcoin eyes $108K breakout

The meme coin market is bleeding red. Over the past 24 hours, meme tokens fell 4.7% while Bitcoin briefly surged to $108,000, highlighting a clear sentiment shift back toward majors like BTC, ETH, and XRP.

🟢 Bitcoin Holds Strong — Meme Coins Crumble

While Bitcoin, Ethereum, and Ripple held onto weekly gains, meme coins like Pepe ($PEPE), Dogwifhat ($WIF), and Fartcoin saw double-digit declines.

💨 Fartcoin Faces Flatulence

📉 Current Price: $0.96 (down 3%)

⛔️ Facing rejection at the 200 EMA ($0.99) on the 12-hour chart

📈 RSI at 42 suggests a potential reversal — watch for a move above the 50-midline

🔁 If momentum builds, upside target: $1.25 (June 17 resistance)

🐸 Pepe Stuck in the Swamp

📉 Current Price: $0.00000930 (down 2%)

🔻 Down 43% since May, showing fading interest

📊 Open Interest dropped to $491M — trading volume thinning

💀 Death cross formed on 12H chart (50 EMA < 200 EMA)

🔻 Support levels:

$0.00000750 (May tested)

$0.00000600 (April low)

💥 Liquidations: $1.31M in longs vs. $743K in shorts — bears in control

🧢 Dogwifhat Drenched in Red

📉 Price: $0.75 (down ~5%)

📊 OI down 8.4% to $334M — bearish momentum intensifying

💸 $2M long liquidations in 24H vs. $375K shorts

🔍 Key levels to watch:

$0.60 (Sunday support zone)

$0.51 (major bear target, tested multiple times)

💡 Big Picture

The meme coin narrative is fading fast as traders rotate back into large caps. Bitcoin’s dominance is rising, and retail sentiment appears to be cooling for speculative meme projects.

📉 Until volumes return and technicals flip, meme coins are likely to struggle — especially with rising risk-off behavior in crypto markets.

#BTC110KToday? #MemeCoinMarket #NEWTBinanceHODLer #ScalpingStrategy