Dangote Petroleum Refinery & Petrochemicals has slashed the price of Premium Motor Spirit (PMS), or petrol, for the second time this month. It has cut N65 off the previous price of N890, bringing it down to N825 per litre at the gantry (ex-depot). This follows a N60 reduction on February 1.

The ex-depot price has thus decreased from N950 per litre in January to the current price of N825 per litre, representing a reduction of N125 per litre within 26 days.

This recent price reduction will also ensure that Nigerians pay between N860 and N865 per litre for petrol at the pump in Lagos.

In a statement from the first privately owned petroleum refinery in Africa, it was announced that the price adjustment will take effect from Thursday, February 27, and is intended to provide essential relief to Nigerians.

"This strategic price adjustment is designed to provide essential relief to Nigerians in celebration of the Ramadan season, while also supporting President Bola Ahmed Tinubu’s economic recovery policy by alleviating the financial burden on the Nigerian populace.

"It is important to note that Dangote Petroleum Refinery has consistently lowered the prices of petrol and other refined petroleum products to the benefit of Nigerians. This marks the second reduction of PMS prices in February 2025, following a previous decrease of N60 earlier in the month. Additionally, in December 2024, during the yuletide period, the refinery reduced the price of PMS by N70.50, from N970 to N899.50 per litre, as part of its commitment to easing the cost of living and providing relief to Nigerians during the holiday season," the statement read.

The refinery highlighted that previous reductions have positively impacted the overall cost of living, benefiting various sectors of the economy. They also helped ensure that Nigerians did not experience the typical fuel scarcity and price hikes associated with the yuletide season.

Dangote reiterated that its high-quality products, which have become a favourite in both domestic and international markets, will remain available nationwide, particularly through its key partners—MRS Holdings, AP (Ardova Petroleum), and Heyden—at market-friendly rates.

"Nigerians will be able to purchase high-quality Dangote petrol at the following prices across our partners’ retail outlets: For MRS Holdings stations, it will be sold for N860 per litre in Lagos, N870 per litre in the South-West, N880 per litre in the North, and N890 per litre in the South-South and South-East regions, respectively.

"The same product will also be available at the following prices in AP (Ardova Petroleum) and Heyden stations: N865 per litre in Lagos, N875 per litre in the South-West, N885 per litre in the North, and N895 per litre in the South-South and South-East," it added.

Dangote Petroleum Refinery assured the public of a consistent supply of petroleum products, with sufficient reserves to meet domestic demand and a surplus for export, thereby boosting the country’s foreign exchange earnings.

The refinery called on marketers to support this initiative, ensuring that Nigerians remain the primary beneficiaries of this effort.

"This collective action will contribute to the broader economic recovery plan led by His Excellency, President Bola Ahmed Tinubu, who is committed to making Nigeria self-sufficient in refined petroleum products and positioning the country as a leading oil export hub," it concluded.

Dangote Petroleum Refinery, which has exported its products to Europe, America, Asia, and other regions, recently supplied jet fuel to Saudi Arabia. The refinery has confirmed it holds over 500 million litres of petrol in storage, enough to meet Nigeria's petrol demand for several days. Additionally, the refining capacity of the 650,000 barrel per day refinery has surpassed Nigeria's average daily requirement of 385,000 barrels.

We at Purple Women Foundation (PWF) are deeply disturbed and outraged by the deplorable treatment of Senator Natasha Akpoti-Uduaghan by Senate President Godswill Akpabio. The recent incident, where Senator Akpoti-Uduaghan was ordered to be removed from the chamber, is not just an attack on her as an individual but a glaring reflection of the entrenched misogyny in Nigerian politics.

The way the few women in the National Assembly are treated is unacceptable. The issue with Natasha is not new, it is part of the daily business of a male-dominated political system that thrives on disregarding, infantilising, and silencing women. Is it any wonder that there are only three female senators (out of 109 seats) eight female deputy governors (out of 36), and just 17 women in the House of Representatives (out of 360 seats) The exclusion of women is not accidental; it is deliberate.

This is not an isolated incident. Senator Akpoti-Uduaghan has repeatedly faced intimidation, condescension, and outright hostility from the Senate President, an attitude that extends towards the other two female senators. The remarks made by Mfon Patrick, reportedly an aide to Senator Akpabio, dismissing her response as “bottled-up anger” and making sexist, misogynistic comments about her appearance, are appalling and wholly unacceptable.

As a democratically elected representative of her constituency, Senator Akpoti-Uduaghan deserves to be treated with the utmost respect and dignity, equal to that of her male counterparts. It is wholly condemnable that she, and other women in the Senate, are daily subjected to such segregationism, impertinence and chauvinism. If this is how they treat women in the highest echelons of power, one can only shudder to think how they treat women behind closed doors.

Purple Women Foundation stands in unwavering solidarity with Senator Akpoti-Uduaghan.

We demand that the Senate President and the National Assembly take immediate steps to address the toxic, exclusionary, and misogynistic culture that has become synonymous with the 10th Assembly. We call on all Nigerians to condemn this pattern of behaviour and to advocate for a political system that is truly inclusive, respectful, and gender-balanced.

Women in leadership, especially in Nigerian politics, must be granted the same honour, dignity, and respect as their male counterparts. Anything less is an affront to justice and democracy.

Dignity, equity, and justice are not gendered words it's time we demand that our leaders uphold them for all. Stand up, speak out, and insist on a political system that respects and values women.

#RespectForWomen #SolidarityWithNatasha #PWFStandsWithWomen

Signed:

Adegbite Adenike

PWF Secretariat

No matter our points of origin in the Nigerian encounter, we all share the experience of a fascinating national journey. Ours is the story of a thrilling past, an engaging present, and a most promising future. Today’s event reminds us that we are not just here to remember the past but to actively shape the present and envision a bright future with hope—a future that each of you, with your unique perspectives and contributions, will help build.

The first aspect of today’s event is the public presentation of my book of memoirs: A JOURNEY IN SERVICE. This memoir, a culmination of over three decades of reflection, significantly contributes to our understanding of our national history. Through the public presentation of this book, I believe I am paying a huge part of my debt to the public. Over three decades after leaving office, the most constant question I have had to contend with is this: When will you tell your side of the story? Understandably, our period of service has somehow evoked, and rightly so, many questions and stories among our public. This book, which chronicles my experiences, decisions, and challenges during our national service, tries to answer some of these questions from my modest perspective.

My colleagues-in-arms and I presided over significant change and turbulent reform. We confronted monumental challenges in the economy, the polity, foreign affairs, and defence and security spheres of our national life. We surmounted obstacles, sought change from old ways, encountered unusual obstacles, and devised innovative solutions. We all sought to leave Nigeria a better place than we found it, often at great personal sacrifice and in the face of significant challenges. I am deeply aware of the inconveniences and sacrifices the public endured during this period, and I acknowledge and appreciate their resilience and commitment to progress.

Although the reform caused inconveniences for our people, we built lasting national institutions, some of which are still in place today.

Undoubtedly, credible, free, and fair elections were held on June 12, 1993. However, the tragic irony of history remains that the administration that devised a near-perfect electoral system and conducted those near-perfect elections could not complete the process. That accident of history is most regrettable. The nation is entitled to expect my expression of regret.

As the leader of a military administration, I accept absolute responsibility for all decisions taken under my watch. June 12 happened under my watch. Mistakes, oversights, and missteps happened in quick succession. But as I say in my book, in all matters, we acted in the supreme national interest so that Nigeria could survive. Our nation’s march to democracy was interrupted, a fact that I deeply regret. But Nigeria survived, and democracy is alive, a testament to our resilience and commitment to progress.

This book is part of my personal story of that encounter with national history. I did not travel alone. I undertook the challenging walk of leadership in the company of many patriots. Many are still here, while others have gone the way of all flesh. I cannot name all our allies and fellow travellers. But let me acknowledge the contributions of men like the late Augustus Aikhomu, Commodore Ebitu Ukiwe, General Ike Nwachukwu, Professor Bolaji Akinyemi, Dr Kalu Idika Kalu, Dr Tunji Olagunju, Chief Olu Falae (now Kabiyesi!), the late Professor Ojetunji Aboyade (who, by the way, was an outstanding man), the late Alhaji Rilwanu Lukman, the late Professor Humphrey Nwosu, the late Professor Omo Omoruyi, the late Professor Gordian Ezekwe, the late Professor Tam David-West, the late Professor Babatunde Fafunwa, the late Professor Olikoye Ransome-Kuti, the late Dr Shetima Mustapha, the late Alhaji Bunu Sheriff Musa, the late Rear-Admiral Patrick Koshoni, Lt-General Alani Akinrinade, General Aliyu Gusau, General Haliru Akilu, the former Senate President, Brigadier General David Mark, Brigadier General Tunde Ogbeha, Colonel Abubakar Dangiwa Umar, the late U. K. Bello, the late General Nuhu Bamali, Colonel Sambo Dasuki and a whole list of other prominent colleagues and friends, all of them fellow travellers in the challenging walk of leadership.

The second aspect of today’s event is establishing a befitting Presidential Library, which I consider a tribute to history and a contribution to the world of knowledge and leadership.

In this regard, I thank my friend and family member, our former Vice President, Namadi Sambo, who created a unique architectural design for the Presidential Library for my 80th Birthday. As you can see from the programme details, it is an outstanding design. Thank you, Mr. Vice President.

As leaders, our activities belong to history in the form of written records. These records will serve as evidence-in-chief for posterity long after we have gone. The proposed presidential library, which will house these records, would be a lasting tribute to our period of national service (1985-1993) and a resource for future leaders and scholars to learn from our experiences and decisions.

As I understand it, what members of the Library’s Board of Trustees have in mind is not a library as a museum where treasured historical documents and books are left to the dust. The plan is more of an interactive centre for lively exchange among people of different backgrounds and generations.

Once again, I sincerely appreciate and treasure your presence at this gathering. Your participation and the conversations following this event will undoubtedly contribute to a better Nigeria. I am grateful for your support and look forward to our shared journey towards a brighter future.

The task of recovering memory can never be easy. As I said in my acknowledgement pages in the book, apart from my publishers, Messrs Bookcraft, headed by Mr Bankole Olayebi, in writing this book, I acquired debts of gratitude to several other persons that deserve adequate mention. Dr Yemi Ogunbiyi (Mr Activity himself!), Dr Chidi Amuta, Mr Abiola Phillips, Mr Clement Fajimokun and Mr Tobi Soneye gave generously of their time, experience, and resourcefulness, not just in the area of research but also in painstaking editorial work. I thank Mr Oladimeji Bajela for the Book’s beautiful design.

Yemi Ogunbiyi’s unwavering commitment to ensuring the expert production of the book and his tireless work towards realising today’s event will never be forgotten. Thank you, Yemi.

Yemi’s efforts and those of his colleagues were amply complemented by the commitment of other young friends and colleagues, such as Mr Donald Duke, Mr Rotimi Amaechi, and Mr Francis Ogboro, who made several trips to Minna for consultations on this project. My gratitude to these and other friends who assisted is eternal.

I thank you all for your support.

I wish you all a safe return to your places of abode.

God bless you all.

God bless the Federal Republic of Nigeria.

Excerpt

I thought I should read an excerpt from the book which documents our efforts to deal with the challenging problems of the economy. I am reading from page 151.

 “When I assumed office, I was convinced that we needed to reform the economy urgently. My colleagues and I shared the conviction that the economy was in bad shape, but we were also confident that the nation possessed the resources and human capital to chart a new path of reform. Even before assuming office, I believed that we needed to reform the economy along free-market lines to free our people’s energies and begin to realise the full potential of our economic endowments.

Over the years, I have made extensive acquaintances with knowledgeable and experienced Nigerians in various fields. I reached out to as many renowned Nigerian thinkers and persons of knowledge as possible, especially in business, finance and economics. I naturally started my consultations with those I had met and had practical contact with over the years. In this regard, I reached out to Professor Gabriel Olusanya, whose intellect and experience impressed me greatly during my tenure at the National Institute for Policy and Strategic Studies (NIPSS). Through him, I expanded the group of reputable Nigerians to consult on how best to design an appropriate economic reform agenda.

In this regard, I contacted Professor Ojetunji Aboyade, Professor Ikenna Nzimiro, Mr Michael Omolayole, Professor Akin Mabogunje and Dr Chu Okongwu. We could rely on the technocratic expertise and vast bureaucratic experience of men like Olu Falae. Through Ike Nwachukwu, who had been the military governor of Imo State, I engaged and incorporated Dr Kalu Idika Kalu, who had done impressive work on the state’s economy.  Before that, he had worked at the World Bank and served on the Asia Desk, where he garnered extensive knowledge on what became the Asian Tigers. In particular, his creative approach to rescuing the economy of Imo State made a positive impression on me. Under the famed ‘Imo Formula,’ he excited me, and I brought him to the federal level to help us with the economics of spending only what you have. Such prudent management and economic realism was what, in my view, our desperate economic situation required.

What I found exciting about working with these outstanding intellectuals, men of ideas and experience, was that they were a community of ideas. They knew and respected each other. With each one you consulted and brought on board; he had a string of other colleagues with similar expertise to bring along. In little or no time, we had a virtual faculty of people with extensive ideas, vast experience and diverse backgrounds.

We interacted through a series of dialogues and consultations in very enlightening sessions. We became more like a community of friends and colleagues. But we were united by our shared commitment to making Nigeria self-sufficient and workable. We had endless brainstorming sessions on different aspects of national life, especially the economy.

I found our brainstorming sessions very enlightening and refreshing. People brought their vast experiences to bear on the problems that faced us then. In particular, I recall the insights of Professor Ikenna Nzimiro, who brought a lot of life to our sessions by relating our present problems to his experiences from the past. He would, for instance, jovially ask me how old I was when he was active in the Zikist movement!”

*(Above are excerpts from the speech delivered by former President Ibrahim Badamasi Babangida at the public presentation of his memoirs entitled “A Journey in Service: An Autobiography” at the Abuja Transcorp Hilton on Thursday, February 20, 2025.)

Former President Olusegun Obasanjo, a towering figure in Nigeria’s political history, has once again found himself at the center of a public controversy, this time with the Nigerian National Petroleum Corporation Limited (NNPCL). Following his recent criticism of Nigeria’s failed refinery management system, the NNPCL extended an invitation to him to tour the rehabilitated Port Harcourt and Warri refineries. However, this invitation, described as “disrespectful” by Obasanjo, raises important questions about how political appointees and workers in ministries, departments, and agencies (MDAs) treat former leaders.

The incident is not just a reflection of poor communication protocol; it underscores a worrying trend of diminishing respect for elder statesmen in Nigeria. Regardless of one’s stance on Obasanjo’s policies during his tenure, his contributions to the nation’s development and his role as a global statesman demand decorum and reverence from public officials.

Obasanjo’s record is replete with notable achievements that have shaped Nigeria’s political and economic landscape. As a military leader, he oversaw the transition to civilian rule in 1979, a rare feat in Africa’s history of military regimes. Returning as a civilian president in 1999, he championed debt relief, reformed the telecommunications sector, and laid the groundwork for democratic consolidation. These milestones are part of Nigeria’s collective heritage, and their architect deserves more than casual dismissal by state actors.

Beyond his achievements, Obasanjo’s age and status as a patriarch in Nigerian society should naturally command respect. At 87 years old, he embodies the wisdom and experience that younger generations of leaders can and should learn from. For public officials to engage with him dismissively, as seen in the NNPCL’s informal invitation through a spokesperson, is not only improper but also culturally insensitive.

This is not the first time Obasanjo has been treated with less regard than his status warrants. Over the years, there have been instances where his candid critiques of governance have been met with disdain rather than engagement.

For example, in 2021, when Obasanjo advised against excessive borrowing by the federal government, some officials dismissed his warnings as alarmist. Similarly, his advocacy for electoral reforms has often been brushed aside by those more interested in maintaining the status quo than in improving democratic practices. These instances reflect a troubling disregard for constructive criticism, even when it comes from someone with unmatched insights into Nigeria’s governance.

Against the foregoing backdrop, saying that the refinery invitation to Obasanjo was a height of insolence is not a misnomer in the eyes of anyone who understands the kind of protocol and respect a statesman in the caliber of Obasanjo deserves. So, his frustration is understandable. Rather than address the core issues he raised about the inefficiency and corruption plaguing Nigeria’s oil sector, the NNPCL chose to respond with what can only be described as a public relations stunt. Inviting him to tour facilities without a formal letter or acknowledgment of his statesmanship reeks of condescension. It is little wonder that he saw the gesture as an insult.

In fact, critics of Obasanjo may argue that respect is earned, not demanded. While this is true in principle, it is also worth noting that respect for elders is deeply ingrained in Nigerian culture. Even if some officials fail to recognize Obasanjo’s achievements, they should at least honor his age. In many cases, he is old enough to be their grandfather. That alone should command a basic level of courtesy.

It is also important to distinguish between engaging in healthy debate and outright disrespect. Obasanjo, like any public figure, is not above scrutiny. His policies and decisions are open to critique. However, critique should be grounded in facts and delivered with civility. Unfortunately, what we often see is a toxic mix of personal attacks and dismissive rhetoric that does nothing to advance public discourse.

The Yoruba socio-political group, Afenifere, and the Coalition of United Political Parties (CUPP) have rightly condemned the NNPCL’s approach to engaging with Obasanjo. Afenifere’s Secretary-General, Chief Sola Ebiseni, called the invitation an act of “sheer arrogance and disrespect,” emphasizing that Obasanjo’s critique of the government’s management of refineries is valid and timely. The CUPP went further, describing the invitation as a distraction from the NNPCL’s inability to deliver results despite billions spent on rehabilitation.

These reactions should serve as a wake-up call to public officials. Disrespecting elder statesmen not only undermines their individual dignity but also sends a dangerous signal to younger generations. If we cannot respect those who paved the way, what hope is there for fostering a culture of respect and accountability in governance?

To avoid future incidents of this nature, MDAs and political appointees must adopt clear protocols for engaging with former leaders. Formal invitations, respectful language, and acknowledgment of their contributions should be standard practice. This is not about inflating egos; it’s about maintaining the dignity of public office and upholding cultural values.

Moreover, public officials should recognize that constructive criticism from former leaders is an opportunity for growth, not an attack to be deflected. Obasanjo’s critiques of the oil sector, for instance, highlight systemic issues that require urgent attention. Dismissing these observations only perpetuates the inefficiencies he has called out.

Respect for former leaders like Obasanjo is not just a matter of courtesy; it is a reflection of our national values. By treating elder statesmen with the decorum they deserve, we affirm our commitment to civility, accountability, and progress. As the debate over Nigeria’s refineries continues, let us not lose sight of the bigger picture: a nation’s greatness is measured not just by its achievements but by how it treats those who have served it.

If Nigerian political appointees and workers in MDAs cannot recognize Obasanjo’s statesmanship, they should at least honor his age. Anything less is a disservice to the ideals of leadership and respect that we claim to uphold.

Lightchain AI, priced at $0.006 in its presale, is gaining attention for its AI-driven approach to blockchain scalability and efficiency.

If readers missed the chance to invest in Solana (SOL) when it was priced at just $1, now might be the perfect time to consider another rapidly growing blockchain project. 

Lightchain AI, priced at just $0.006 in its presale, has already raised over $16.8 million, and its potential for explosive growth is undeniable.

Solana’s success and what it means for Lightchain AI

Solana’s impressive rise was fueled by its ability to scale quickly, handle high transaction volumes, and offer a cheaper alternative to Ethereum’s expensive gas fees. Early investors in Solana saw incredible returns as its new chain setup allowed it to dominate the decentralized app (dApp) and decentralized finance (DeFi) spaces.

Lightchain AI, much like Solana, is designed to overcome scalability and speed challenges faced by many blockchain networks. By integrating artificial intelligence (AI), Lightchain AI enhances blockchain efficiency, speeds up transaction processing, and enables cross-chain interoperability, solutions the crypto ecosystem desperately needs as adoption grows.

Lightchain AI: The next big leap in blockchain solutions

Solana is known for its speed and low fees, but Lightchain AI takes blockchain technology a step further with its AI-driven approach.  Unlike Solana’s proof-of-history (PoH) mechanism, Lightchain AI integrates artificial intelligence into its consensus model to enable smarter decision-making, enhanced security, and automated optimizations. 

The architecture of Lightchain AI is designed to boost blockchain efficiency, providing cutting-edge features like sharding and Layer 2 solutions for high-speed, high-throughput AI tasks. With its AI-powered design, Lightchain AI is setting a new standard for innovation in the blockchain space.

Early investment opportunity

With Lightchain AI’s presale still underway, investors can purchase tokens at an incredibly low price of $0.006. As the project continues to build momentum and its ecosystem expands, the value of the token could experience exponential growth, similar to what Solana saw in its early days.

Just as early Solana investors saw their investments skyrocket as the network gained adoption, Lightchain AI presents a unique chance for investors to get in on the ground floor. If the project follows a similar trajectory, those who invest now could see significant returns as the project grows and its AI-driven blockchain solutions gain traction.

[Crypto News]

Bitcoin (BTC) neared $89,000 in Asian morning hours after a 24-hour low of $86,200, slightly improving market sentiment with major tokens showing signs of a recovery.

XRP and BNB Chain’s BNB led a gradual majors rebound Wednesday as traders continue to reel from Tuesday’s carnage — one that saw overall capitalization drop as much as 10% and at least $1.2 billion in losses on bullish bets.

XRP rose 3%, while BNB and Solana’s SOL added 5%. Dogecoin (DOGE) and Cardano’s ADA showed a slight 1.2% gain, while Tron’s TRX was down 5% in the past 24 hours. The broad-based CoinDesk 20 (CD20) was down 2%.

The move higher was in line with a CoinDesk analysis on Tuesday, as a five-month low in a sentiment index and a large-scale liquidation event indicated assets were likely oversold and could see relief in the short term.

Gold fell 1.3% on Tuesday after a profit-taking bout following a record rally where it touched a new high Monday, but rose higher in Asian morning hours Wednesday.

Macro Outlook

Reasons for Tuesday’s panic ranged from money flowing out of bitcoin ETFs, with over $1 billion pulled out in the last two weeks, to a stronger yen, a perceived safe-haven currency whose growth tends to pull down riskier bets.

Expectations for easier U.S. Federal Monetary policy have surged, however, with prediction markets putting chances of a May rate cut to 30% over the past week, and the chances of two rate cuts by June have more than tripled to 15%.

These hopes come after a gauge of U.S. consumer confidence marked its deepest fall since August 2021, decreasing 7 points in February to 98.3 in its third straight decline. U.S economic data and policies tend to impact prices of risk assets such as bitcoin, as crypto traders bet on expectations of retail participation as idle cash frees up.

Traders Remain Cautious

Hopes of an altcoin rally remain muted among traders, with fresh dollar inflows expected to flow exclusively to BTC.

BTC finally broke out of its range, dipping below 90k for the first time in a month and now hovering just below that level, triggering over USD 200mm in liquidations over the past few hours.

Market sentiment remains under pressure following Trump’s decision to implement tariffs on Canada and Mexico and curb Chinese investment. Front-end gamma was covering as BTC broke lower, with 1M implied volatility now back around 50v, while skews interestingly remain largely unchanged.

“Zooming out, equities, fixed income, and gold have largely shrugged off the data points previously blamed for broader market weakness, with BTC remaining flat,” Singapore-based QCP Capital said in a broadcast message late Tuesday. “Rising BTC dominance and sliding altcoin prices suggest that alt bulls may already be fully long, with any new dollar inflows going exclusively into BTC.”

Dogecoin has fallen below $0.20 for the first time in months, marking a significant drop of over 11% in the past 24 hours. The meme coin is currently trading at $0.201, down 43% over the past month and 72% from its peak of $0.73 in 2021. This sharp decline reflects the broader struggles in the crypto market, with other major cryptocurrencies, including Bitcoin and Ethereum, seeing significant losses of 8.3% and 10.1% respectively. The meme coin sector is not immune to this downturn, with many coins seeing even larger drops.

Solana-based meme coins like Bonk and President Trump's official token (TRUMP) have also dropped by over 14% in the past week. Similarly, the Ethereum-based Pepe coin has been hit hard, continuing the trend of losses in the meme coin market. Meanwhile, Fartcoin, once a token that reached a $2.4 billion market cap, has seen its value plummet by nearly 90%. Currently trading at just $0.29, Fartcoin is no longer part of the top 200 cryptocurrencies by market cap.

The broader crypto market has been in turmoil, with Bitcoin dropping as low as $87,115 and Ethereum experiencing a similar downward trajectory. As of writing, the total market capitalization of cryptocurrencies has dropped 8.8%, falling below the $3 trillion mark. Analysts attribute these losses to various factors, including speculation and uncertainty about future regulations, such as the potential creation of a U.S. national Bitcoin reserve.

Amid the downturn, some tokens have managed to perform better. Popcat and Peanut the Squirrel have seen slight increases, up 1% and 5% respectively. Still, the overall trend remains negative, with significant liquidations occurring. Dogecoin contracts have seen $32.37 million in liquidations, while Trump token contracts have faced $11.39 million in losses.

In light of these recent events, investors are becoming increasingly wary of the volatility inherent in the crypto market, particularly within the meme coin space. The market's unpredictable nature continues to create uncertainty for investors, as seen in the ongoing downturn affecting some of the most well-known digital assets.

Despite the difficult climate, the cryptocurrency market remains dynamic, with fluctuations continuing to shape the sector. The continued volatility underscores the risk involved in digital asset investments and highlights the need for caution in the face of shifting market conditions.

[Coin Market Cap]