PUMP saw a sharp decline of 40% this week, extending a bearish trend as it fell below $0.003000. FARTCOIN struggles after failing to maintain its position above $1.56, and PENGU’s 1% drop reflects waning bullish momentum as market conditions worsen.
With Bitcoin dropping below $118,000, altcoins like PUMP, FARTCOIN, and PENGU face increased selling pressure, resulting in reduced buying interest across the market. Technical indicators show PUMP nearing critical support levels, which could lead to further declines.
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