This news article discusses the surge in popularity of meme coins in the crypto market and warns traders about the increased volatility associated with these coins. It provides information on the recent market shifts of BONK, PEPE, WIF, and BRETT. BONK has seen a decrease in price and trading volume in its derivatives market, indicating caution for traders. PEPE has also experienced a drop in price and trading volume, with mixed sentiment across exchanges. WIF has fallen in price and trading volume as well, with relatively balanced sentiment in the derivatives market. BRETT has decreased slightly in price, with a notable preference for long positions among Binance traders. Traders are advised to proceed with caution due to market instability.



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