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The crypto community is going through a rough period this month, with the majority of the meme coins now trading “in red”. The prices of several well-popular meme coins have taken a hit in recent weeks. However, even days like this do not stop us from researching new meme coins.
Let’s look into the details of why one new meme coin, Fight Night, could potentially stand out.
Recent Drop in Meme Coin Prices
In the past few days, the prices of popular meme coins have seen a sharp drop.
Meme coins were absolutely soaring earlier this year, but are down in the dumps in June. Altcoins like Shiba Inu, Dogwifhat, Bonk, Pepe, and PopCat were on top of the cryptocurrency leaderboards for daily and weekly growth candles. These meme-inspired decentralized finance cryptocurrencies were better bets than Bitcoin and Ethereum for weekly returns.