The cryptocurrency market has been experiencing a shift in sentiment following the recent halving, with traders feeling uncertain about the market's future. The total market capitalization has decreased by 3.76% to $2.37 trillion, while trading volume has increased by 18% to $85.03 billion. Despite this, the Fear & Greed Index indicates a neutral market sentiment at 62.

Bitcoin and Ethereum have both seen price declines, but traders are paying closer attention to memecoins like Dogecoin, Pepe, and others. Dogecoin is trading at $0.1513, with a 6.25% decline, while Pepe is priced at $0.000007262, reflecting an 8.94% drop.

Among the memecoins, Dogwifhat, Floki, and Shiba Inu have also experienced price declines. Despite this, trading volume for these memecoins has increased, indicating a potential shift in market activity. As traders navigate through this volatile market, memecoins have become a focal point, drawing attention for their performance in the midst of uncertain market conditions.