The market has been shocked by President Donald Trump's announcement of tariffs, leading to a decline in the value of most cryptocurrencies. However, some meme coins are still performing well due to the continued buying activity of certain traders. Overall, meme coins categorized by CoinGecko have experienced an 11.3% decrease in the past 24 hours and a 29% decrease over the past week. Ethereum layer-2 Base meme coins have suffered the most, with a 7.3% decrease this week. Despite the market fear, traders are still finding ways to profit from the situation by trading low cap meme coins. These coins often derive their success from negative emotions and sentiment in the market. While some traders have made significant profits from meme coins like Rope and McDonald's McValue, many others have lost substantial amounts of money due to the high volatility of these assets. Only one of the top 10 meme coins, Fartcoin, has seen a rise of 36%, while others such as Dogwifhat, SPX6900, Pepe, and Official Trump have experienced declines. Toshi, ARC, and Popcat have shown some resilience and witnessed gains. It is important to note that investing in meme coins carries significant risks due to their lack of real value and short lifespan. It is advised that investors consider coins with fundamentals for a better risk-reward ratio.



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