Dogecoin, Ethereum Prices Dip as Smart Money Rotates Into Emerging Low Cap Altcoin MAXI
After a hectic week for the crypto market, traders have begun taking profits and waiting for a healthy pullback before the bull run resumes again. Most altcoins are currently flat, with prices almost unchanged in comparison to their positions yesterday – when some tokens had already seen sharp dips of 10% or more after an early-morning spike. Weekly price gains on a handful of leading cryptos still show how far the markets have come, with Ethereum (ETH) still up around 18% despite a 4% fall since yesterday, and Bitcoin holding above $118,000.
Within the meme coin sector, prices are gradually beginning to dip further – even for Dogecoin (DOGE), which saw a drop of up to 16% on Thursday. However, this mainly…