Crypto Market Suffers Major Dip: Meme and DeFi Sectors Take Hit

The crypto market experienced a notable downturn over the past two days, particularly affecting the Meme and DeFi sectors. This decline was marked by a significant drop in popular meme tokens like Bonk (BONK), leading to concerns about increased volatility within the sector. Key figures such as Nic Carter have highlighted the need for caution among traders as the market remains unpredictable.