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Top Crypto Losers: Dogecoin, Zcash, Bonk – Meme and Privacy coins under pressure
Meme coins such as Dogecoin (DOGE) and Bonk (BONK), alongside the privacy coin Zcash (ZEC), are leading the broader market losses over the last 24 hours. DOGE, ZEC, and BONK ended their three consecutive days of recovery with a sudden decline on Sunday, as crucial resistance levels capped the gains. Technically, the altcoins show downside risk, starting the week under pressure. Dogecoin is trading above the $0.1000 psychological level at the time of writing on Monday, sustaining its position above this level after a 7% drop on Sunday. The 50-day Exponential Moving Average (EMA) capped the gains on the previous day, ... (full story)
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