The meme coin has also tended to trend down during U.S. trading, but has seen positive returns during the Asia-Pacific day.
) is down 10% this year, with most of the bearish pressure on the leading meme crypto coming during European hours, according to data tracked by Velo Data app.
In other words, sellers have been dominant during the European hours, represented by 8:00 a.m. to 6:00 p.m. Brussels time, and U.S. hours, identified by 08:00 a.m. to 6:00 p.m. New York time. Meanwhile, buyers have had the upper hand during the Asian hours, identified as 8:00 a.m. to 6:00 p.m. Seoul time.
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