Meme coins like Yapper (Yapper), Doge Gov (Doge), and no one else. Yapper has dropped by nearly 20% in 24 hours, with the upper wallet being reduced by 18.5%.
Doge Gov saw an even sharper exit, reducing its smart money position by 63% in just one day. Meanwhile, Smart Money has trimmed its exposure by 38% over the past week, which means no one has dropped by more than 9%.
Yapper (Yapper)
Yapper is the Meme Coin launched on the Believe app within the Solana Ecosystem and currently holds a market capitalization of around $6.2 million, but has dropped nearly 20% over the past 24 hours.
The sudden decline is parallel to the notable smart money outflow. TOP Wallet reduced Yapper Holdings by about 18.5%, down from 52.7 million tokens to 42.98 million.
If the bearish momentum continues, Yapper can test support for $0.0054. This defeated the possibility that it could drop deep into $0.0016, as it appears that app activity will start to fade.
Conversely, the reversal could bring prices back and challenge the resistance level of $0.0079, where a breakout could pave the way for $0.010.
Government Efficiency – Dogegov (Doge)
Doge Gov is a community-driven memo coin launched at Ethereum, inspired by the fictional “government efficiency.”
The project fuses political satire, memetic culture and cryptocurrency to raise awareness about government spending and regulations.
It attracted attention through its connections to famous events such as Trump’s Cryptoball and viral moments referring to Elon Musk.
Currently, its market capitalization holds $21.43 million, Doge Gov has declined 28.2% over the past seven days, but has risen 52.6% over the past month.
Over the past 24 hours, Smart Money Wallets have reduced their holdings by 63%, falling from 5.1 million tokens to just 1.88 million. If the downtrend is persisting, Doge may test support at $0.0163, with the break below that amount to $0.0137.
However, if momentum changes, Doge could return to regain its test resistance at $0.0229, and head for another $0.0279, and even $0.0325.
Nobody sausage (nobody)
There is no Solana-based memecoin released on the Moonshot platform. Currently, its market capitalization is around $46 million and daily trading volume is around $4 million.
The token has gained visibility within the meme coin space, but is now facing short-term sales pressure.
Over the past seven days, no one has dropped by 38%, down from 1363 million tokens of 8.44 million. This is a noticeable change in positioning coincides with a 9% price drop over the past 24 hours.
If the fix continues, no one can test support at $0.0437, and a deeper decline will reduce the price to $0.039, or even $0.0167.
However, if bullish momentum returns, the token could rebound towards a resistance level of $0.0538, with a breakout there likely paving the way for a move to $0.065.
Disclaimer
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