Introduction

Bitcoin, Ether and most other top-traded tokens are down in markets showing almost universally read this morning. Bitbo Capital CEO Joe D. Baskwelli points to meme coins as a reason for a pump and market sentiment but fairly flag activity for the crypto majors. The crypto market saw some $2.3 billion in meme coin trading volume just last week. That's a six-fold rise from the preceding week's $387 million.