Crypto Market Falls By $1 Trillion In Market Value; Twitter Finds A Way To Make It About Memes

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It’s a dark time for the crypto market as things took a huge turn in a matter of just 24 hours. The most popular Cryptocurrency, Bitcoin took a huge dip along with other cryptocurrencies like never before.

The global crypto market value dropped by a huge margin of $1 trillion. Bitcoin was the most expensive cryptocurrency valued which reached its peak value of $69,000 in November 2021. At present, the value used to hover around $35,000 while investors were over the moon until the situation took a tragic turn last weekend.

Reportedly, Bitcoin crashed below $36,000 which is the lowest in recent times. Besides, other cryptocurrencies like Ether, Dogecoin, Shibu Inu, Finance Coin, etc. crashed by a huge percent. However, Doge Coin saw the lowest dip of all in the last 9 months which is 18 percent according to trade analysts.

“Crypto is reacting to the same kind of dynamics that are weighing on risk-assets globally”, shared Chief Executive and Co-founder of FRNT Financial, Stephane Ouellette with The Economic Times.

As soon as the market value tumbled from 1.88 trillion to 1.7 trillion, social media was flooded with wild reactions.

No matter how good or bad the market is doing, memers always try to evoke laughs. But, in this case, not only memers but even netizens are making the most out the latest meme fodder.

Check out these hilarious memes on Twitter that might help you drive those Monday blues away:

As the crypto market is uncertain due to the unexpected crash, investors are taking a step back and inclining more towards NFTs. Guess we will see how that goes, eh?





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