Prices of meme coins, including Dogecoin (DOGE), have been on a continued downward trend since their boom in 2021. Their future remains a key question among investors, who are increasingly scrutinizing which crypto projects have real-world utility and thus have the highest potential ahead.

Bitcoin (BTC) remains under pressure, trading below $74,000 on Friday, and is set to post its third consecutive week of losses. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows. In addition, sticky inflation and macroeconomic headwinds suppress the Crypto King’s upside potential.

The crypto market capitalisation rose by 1% over the past 24 hours, rebounding from the local lows reached the…