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Spark price plunges 60% as sparkle fizzles out

For a brief moment, SPK shone bright. Then came its Icarus moment—a violent reversal just hours after hitting Binance, as early holders and airdrop recipients rushed to cash out. It didn’t take long for the floor to cave in. On June 17, just hours after Spark’s long-awaited SPK token began trading on major exchanges including … Read more

Lagrange rockets, then reenters reality as hype fizzles

Lagrange enjoyed a meteoric rise after its highly anticipated airdrop and major exchange listings has quickly unraveled, as early investors rush to lock in gains. Lagrange (LA) token dropped to $1.1345, down by 37% from its highest point this week. It has moved to its lowest level since Thursday, giving it a market capitalization of … Read more

Solana slides to monthly low as memecoin frenzy fizzles

After a euphoric surge that saw meme coins on the Solana blockchain skyrocket earlier this year, the hype is beginning to unravel. Solana’s native token, SOL, has dropped for four straight days—falling nearly 18% from its May highs—as meme coin valuations across its ecosystem collapse. Once riding high with a combined market cap north of … Read more

Bitcoin dominance hits new cycle high as post-election altcoin rally fizzles out: Matrixport

Bitcoin dominance hit a new cycle high despite price correction as investors shift from altcoins, driven by stronger-than-expected U.S. job growth and the Federal Reserve’s hawkish stance. According to Matrixport, Bitcoin (BTC) dominance has surged to a new cycle high, surpassing 61%. Matrixport attributed this to two factors: a stronger-than-expected U.S. jobs report as well … Read more

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