The newly famed meme coin available in the market, HarryPotterObamaSonic10Inu, has always fallen over the previous week whereas its social dominance witnessed a small rise.
Santiment information exhibits that HarryPotterObamaSonic10Inu was developed in mid-Might with the “BITCOIN” ticker and a beginning value of round $0.002. Since then, the asset has risen by greater than 6,300% and reached an all-time excessive (ATH) of $0.1977 on Aug. 20.
Nevertheless, the meme coin, dubbed “the folks’s Bitcoin” on social media, has plunged 19.3% prior to now 24 hours. The drop comes regardless of a excessive 24-hour buying and selling quantity of $16.7 million, a 12.2% rise.
On-chain information exhibits that HarryPotterObamaSonic10Inu’s market capitalization has reached $129 million with 10,760 distinctive addresses holding the asset. The so-called “folks’s Bitcoin” is buying and selling at $0.126 on the time of writing.
In accordance with information offered by the market intelligence platform, HarryPotterObamaSonic10Inu’s social dominance has been persistently rising since Aug. 19 after taking a deep dive the day earlier than.
Then again, the asset’s day by day whale transactions consisting of no less than $100,000 value of HarryPotterObamaSonic10Inu cash dropped by 75% over the previous day — falling from 12 trades to solely 3 prior to now 24 hours.
The meme coin’s prime whale transactions reached an ATH of 16 on Aug. 17 because the asset’s value took a deep dive from $0.17 to $0.12 in lower than 4 hours.