"Did anyone buy these five celebrity memecoins, have you sold them or are you still keeping them?"
It's true that many celebrity memecoins showed impressive ascents when there was participation from the cryptocurrency community looking to make a quick profit, but its unsustainable growth has caused its price to weaken again.
As such, here are five celebrity memecoins that may need to be sold due to the drastic price drop that has already taken place.
Tate Stop (TME)
The Andrew Tate-themed crypto dominated the memecoin space last week due to its massive price increase, but sentiment took a nosedive as the TME slid 40% in the past 24 hours to $0.001419.
Mother Iggy (MOTHER)
Although the weekly trend remains up, MOTHER's price is back down about 23.4% at $0.1401 and most analysts believe that the decline was triggered by bearish sentiment coupled with its low traction.
Top G (TOPG)
TOPG, another Tate-themed memecoin has seen a plunge of 43.7% today causing its volume to also record declining figures.
RNT
RNT was also among the memecoins affected due to bearish sentiment causing the price to plunge lower, where the memecoin which is currently trading at $0.02184 has lost 22.1% today.
Timeless Davido (DAVIDO)
DAVIDO created a frenzy around the social media space, but the price immediately plummeted leading to massive selling and now the celebrity memecoin is at $0.00037 which is a 41.6% drop in the last 24 hours.