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In a significant downturn for the crypto market, meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), Dogwifhat (WIF) and Bonk are experiencing hard times.
Uptober has been in full swing in the crypto market recently, as the UAE announced they will soon remove crypto transaction fees.
As the price projections soar to $200,000 by the year 2025, Bitcoin (BTC) is also regarded as an investment worthwhile despite its volatile nature.
Amid the crypto market fall, people are looking for new investment possibilities, and small-cap coins look great for the next rally.
The upcoming cryptocurrency boom is attracting attention to certain digital coins. Unexpected names are gaining traction thanks to their unique features and growing support.
Binance, one of the top centralized exchanges, has lost some of its market share amid the ongoing downtrend in the crypto space. Data shows that its trading volume has dropped, signaling low interest from investors.
Holders of Binance Coin (BNB) are facing a harsh reality: while the crypto market celebrates “Uptober” with soaring prices, BNB is left behind.