Traders are bracing themselves for more pain in September but are looking to October and November with renewed optimism.
Solana-based memecoins Popcat and Dogwifhat led memecoin losses in the last seven days amid a wider sell-off in the crypto market.
Now, traders are bracing themselves for more pain this month before a potential recovery in October.
Popcat (POPCAT) pared the largest losses among the top 10 memecoins by market cap, plummeting 27.7% from a value of $0.75 on Aug. 26 to a price of $0.56 at the time of publication, per CoinGecko data.
