Bitcoin Brings Old-School Meme Out of Pullback Market, '114514' Plunges Over 90% in a Single Day

BlockBeats News, January 7th, according to an exchange market data, after Bitcoin launched a rally at the beginning of the year, it experienced a pullback. As of the time of writing, the price is $92,488. The "114514" that sparked a meme frenzy yesterday hit a historical high market cap of $57.03 million, but has since dropped over 90% within 1 day, now left with only $3.91 million. Previously strong meme coins have also experienced some pullback compared to the peak of this round's rebound, including:

· PEPE fell by 10%, now priced at $0.00000653

· NEIRO fell by 9.34%, now priced at $0.000143

· FLOKI fell by 9.64%, now priced at $0.0000559

· PENGU fell by 7.36%, now priced at $0.0128

· BONK fell by 13.51%, now priced at $0.0000116

· PNUT fell by 14.66%, now priced at $0.09

· BOME fell by 11.84%, now priced at $0.000774