In the past week, the cryptocurrency market has experienced a significant downturn, with major digital currencies such as Bitcoin BTC/USD, Ethereum ETH/USD, and Dogecoin has losses. Amid the market turmoil, some notable figures offered their unique perspectives. Dogecoin co-creator Billy Markus made a sarcastic remark about the situation, while trading volumes for Donald Trump’s initial NFT collection caused grief. Meanwhile, a coin meme parodying the President Joe Biden saw a phenomenal rise and economist Peter Schiff made a gloomy prediction for the future of Bitcoin. Edward Snowden was also involved, providing a more measured view of market fluctuations.
Dogecoin co-creator comments on Crypto Crash
As the cryptocurrency market experienced a sharp decline, Billy Marcusits co-founder Dogecoin DOGE/USD, took to social media with an incredible response. His playful words contrasted with the gloomy sentiment among investors as they saw the value of their holdings shrink.
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Trump NFT Collection Sees Trading Volume Collapse
Interest in the original NFT collection with the former President Donald Trump has declined significantly, with trading volume plummeting by 99% in the past month. The collection, which initially attracted attention, saw no trade in the last week, signaling a sharp drop in demand.
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Meme Coin ‘Jeo Boden’ Crosses $1
See also: Iran launches drone attack on Israel as tensions escalate, Bitcoin plummets in response
The based on Solana meme coin, Joe Boden BODEN/USD, showed a remarkable increase, briefly crossing the $1 mark. This surge in value pushed the coin’s market cap above $700 million before it retreated. The coin’s performance has caught the attention of traders and onlookers.
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Peter Schiff Predicts ‘Biggest Bitcoin Crash’
Notorious Bitcoin Critic Peter Schiff has once again expressed his skepticism towards the cryptocurrency, predicting what he believes could be its most devastating crash to date. Schiff’s comments add to already heightened anxiety in the cryptocurrency community.
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Edward Snowden is adding to the crypto market panic
Amid the recent turmoil in the cryptocurrency market, Edward Snowden offered a different perspective, noting that Bitcoin’s price has remained relatively stable over the past week, despite daily fluctuations that have caused widespread concern among investors.
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Read Next: Dogecoin Influencer Warns About These Types Of Trading Strategies: ‘You Risk Losing It All’
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