This weekend, there was some rather impressive volatility in the crypto markets. A flash crash early Saturday morning led to a number of key large-cap cryptocurrencies losing a tremendous amount of value in short order.
Most large-cap cryptocurrencies followed Bitcoin's lead, after the world's largest cryptocurrency saw a dramatic 18% decline in one hour . This extreme volatility did not spare popular meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) , with these tokens down 10.3% and 8.4%, respectively, over the past 24 hours as of 8pm ET.
However, there were a few bright spots. Among the winners from this chaos is Terra (CRYPTO: LUNA) , a stable coin ecosystem that's growing in popularity right now, for obvious reasons.
For further details see:
Crash? What Crash? This Cryptocurrency Just Replaced Dogecoin and Shiba Inu As a Top 10 Token