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Memecoin Faithful Aren’t Laughing Anymore With Prices Crashing

  • Dogecoin, Shiba Inu’s ride to the moon gets rocky in 2022
  • Weekly losses for meme-hyped assets worsen amid crypto rout
Digital Cryptocurrencies

Photographer: Yuriko Nakao/Getty Images

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A widespread selloff in cryptocurrencies saw the most speculative tokens lose significant ground, as risk-averse attitudes pushed investors away from meme assets.