ETFs last January was one of the most successful ETF product launches ever. In a span of just 12 months, these spot Bitcoin ETFs attracted more than $100 billion from investors, and have become one of the most popular ways for individuals,

Despite recent drops, meme coins like BTC Bull and Solaxy present strong buying opportunities. As sentiment improves, these tokens may grow significantly.

The crypto market is familiar with Pepe, the frog-themed meme coin currently the third-largest by market cap behind Dogecoin and Shiba Inu. However, the viral project that has investors scrambling for early positioning is Bitcoin Pepe (BPEP).

The creator of DOG says the token’s expansion to Solana is proof of Bitcoin’s influence, not a sign that the network’s fledgling meme coin ecosystem is failing.

Market players say the meme coin frenzy has become exhausting. "Sentiment now is probably as low, or probably lower than the FTX collapse."

Coinbase CEO Brian Armstrong recently defended the meme coin sector stating that even Bitcoin is “somewhat a meme coin”.

Raydium (RAY), the Solana-based automated market maker (AMM) and liquidity provider, has seen the price of its native token plummet more than 30% in 24 hours. While RAY price may dip further amid Pump.

Dogecoin has crashed in value, CoinGecko shows, hitting its lowest price in weeks after traders lose interest in the meme coin market.

Investors may not see a good buying opportunity in bitcoin until the crypto's price falls around 20%, according to BCA Research.