{"id":630087,"date":"2025-02-25T09:06:38","date_gmt":"2025-02-25T09:06:38","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=630087"},"modified":"2025-02-25T09:06:38","modified_gmt":"2025-02-25T09:06:38","slug":"bitcoin-ethereum-dogecoin-plunge-amid-meme-coin-crash-as-fear-greed-index-hits-lowest-since-september","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-ethereum-dogecoin-plunge-amid-meme-coin-crash-as-fear-greed-index-hits-lowest-since-september","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Plunge Amid Meme Coin Crash As Fear &#038; Greed Index Hits Lowest Since September"},"content":{"rendered":"<p data-start=\"0\" data-end=\"250\">Bitcoin, Ethereum, and Dogecoin tumbled as the meme coin market plunged over 14%, dragging the broader crypto market down more than 5%.<\/p>\n<p data-start=\"252\" data-end=\"415\" data-is-last-node=\"\" data-is-only-node=\"\">Bitcoin (BTC) slid 7.4%, Ethereum (ETH) slumped 13.5%, and Dogecoin plummeted 13% in the past 24 hours.<\/p>\n<p><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/media.istockphoto.com\/id\/1397726807\/photo\/the-red-crashing-market-volatility-of-crypto-trading-with-technical-graph-and-indicator-red.jpg?s=612x612&amp;w=0&amp;k=20&amp;c=iqDIzl9QRGgCOuOpbF1uCaOqhTOKFduX46o8iG-sEB8=\" alt=\"Meme coin market bleeds 14%\" width=\"612\" height=\"344\"><\/p>\n<h2><span style=\"font-weight: 400;\">Crypto Fear &amp; Greed Index Hits Lowest Since September<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The plunge in the crypto market was accompanied by a sharp drop in investor sentiment, with the <\/span><a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\"><span style=\"font-weight: 400;\">Crypto Fear and Greed Index<\/span><\/a><span style=\"font-weight: 400;\"> shedding 24 points to enter an &ldquo;Extreme Fear&rdquo; reading of 25, the lowest since September last year.<\/span><\/p>\n<p>After a sharp rally fired by Donald Trump&rsquo;s election victory, sentiment has soured following a series of risk-off developments. First, the Federal Reserve spooked markets by turning more cautious on the outlook for interest rate cuts.<\/p>\n<p>That was followed by a meme coin scandal around the Libra meme coin that embroiled Argentine President Javier Milei. Things worsened on Friday when crypto exchange Bybit was hit with a $1.5 billion hack, the industry&rsquo;s biggest ever.<\/p>\n<p>There&rsquo;s also renewed concern over the potential impact of tariffs after US President Donald Trump reaffirmed yesterday a plan to impose them on Canada and Mexico when a 30-day pause ends early next month.<\/p>\n<p><span style=\"background-color: var(--bs-body-bg); color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align);\">&ldquo;We all thought that Trump would be bullish for the market,&rdquo; said Cas Abbe on X. &rdquo;And here we are, just watching red candles.&rdquo;<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">SPX, PENGU And WIF Drop As Meme Coin Market Bleeds<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">SPX6900 (SPX) suffered the biggest loss in the list of the 10 largest <\/span><a href=\"https:\/\/insidebitcoins.com\/press-releases\/meme-coins-to-buy-now-for-the-biggest-profit-potential-in-the-next-crypto-rally\"><span style=\"font-weight: 400;\">meme coins<\/span><\/a><span style=\"font-weight: 400;\"> after its price fell more than 17% to stand at $0.5884 as of 1:12 a.m. EST.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pudgy Penguins (PENGU) extended its losing streak with a 15% loss, while Solana-based meme coin Dogwifhat (WIF) dropped more than 14%. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">JUST IN: Over $110,000,000,000 was wiped out from the crypto market in the past 24 hours. <a href=\"https:\/\/t.co\/nEC0hdiScJ\">pic.twitter.com\/nEC0hdiScJ<\/a><\/p>\n<p>&mdash; Watcher.Guru (@WatcherGuru) <a href=\"https:\/\/twitter.com\/WatcherGuru\/status\/1894120955204517981?ref_src=twsrc%5Etfw\">February 24, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 class=\"media-ui-Paragraph_text-SqIsdNjh0t0- paywall\" data-component=\"paragraph\">Shelter From The Storm<\/h2>\n<p><span style=\"font-weight: 400;\">Some investors are turning to presales that are not yet exposed to market forces to shelter from the storm. Among the most popular right now are p<\/span><span style=\"font-weight: 400;\">rojects like <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Solaxy (SOLX)<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/btcbull\" rel=\"nofollow\"><span style=\"font-weight: 400;\">BTC Bull Token (BTCBULL)<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/mindofpepe\" rel=\"nofollow\"><span style=\"font-weight: 400;\">MIND of Pepe (MIND)<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Solaxy is the first layer-2 scaling solution for Solana, and has raised more than $23.4 million through its presale so far. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">BTC Bull Token is a meme coin that&rsquo;s offering free BTC to token holders when Bitcoin achieves certain price milestones for the first time, while MIND introduces a cutting-edge AI agent that can spot new trends in the crypto market early.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Related Articles:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/kanye-west-meme-coin-sparks-rug-pull-fears-meme-index-offers-a-safer-way-to-invest-as-presale-nears-4m\"><span style=\"font-weight: 400;\">Kanye West Meme Coin Sparks Rug Pull Fears<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/pump-fun-volume-plummets-43-after-libra-rug-pull-as-first-solana-layer-2-solaxy-closes-on-23m-in-presale\"><span style=\"font-weight: 400;\">Pump.fun Volume Plummets 43% After $LIBRA Rug Pull&nbsp;<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/nft-sales-fall-11-to-115m-in-the-past-7-days-cryptoslam\"><span style=\"font-weight: 400;\">NFT Sales Fall 11% To $115M In The Past 7 Days<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Best Wallet - 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Bitcoin (BTC) slid <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1954,"featured_media":630090,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[],"class_list":["post-630087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin, Ethereum, Dogecoin Plunge Amid Meme Coin Crash<\/title>\n<meta name=\"description\" content=\"Bitcoin, Ethereum, and Dogecoin tumbled as the meme coin market plunged over 14%, dragging the broader crypto market down more than 5%.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/630087\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin, Ethereum, Dogecoin Plunge Amid Meme Coin Crash As Fear &amp; 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