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Shibarium, CAT rising as meme coins plunge, investors exploring HIPP

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The meme coin market remains under pressure, looking at performance in the past 24 hours. The top-5 most liquid meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), BONE, and Floki Inu (FLOKI), are down 17%, 15.7%, 10.7%, 24.2%, and 17.34%, respectively. Memecoins in the red. Source: Coinmarketcap Coingecko data shows that most of these coins have been on the receiving end, posting losses. Some of them, including DOGE, SHIB, and BONE, edged higher until seven days ago. Meanwhile, others like FLOKI and PEPE have been falling in the past weeks. You might also like: Shiba Inu devs unveil Shibarium scaling plans amid technical challenges Despite the drawdown across the board, a few are firm. Some, including HarryPotterObamaSonic10Inu (ERC-20), HarryPotterObamaPacMan8Inu, Shibarium Token, and CAT, are up, rising 56.52%, 79.98%, 1290.31%, and 448%, with the last 2 being new launches. Shibarium Token price charts. Source: Coinmarketcap Shibarium is now trading at $0.02 aft...