Shib is down by 20% while BTC & ETH is up by 15% in a week. Utility = Profit.

With the weekly close nearing, most of the top 10 coins are in excellent position for a rally but meme coins like Shib and Doge are in the Red.

DogeCoin went as low as 12% followed by Folki down by 15% and Shib down by a whopping 19%.

It seems meme coins do not follow a traditional market movement and I would say they have a cycle of their own, even separate from Altcoins at times.

Trading on emotions has never ended well and I'm glad investors are choosing utility over memes.

If you're invested in meme coins just because of the meme of it then you don't have anything to worry about, I love to have a couple of Doge coins too. But if you're in it to get some money then you're playing a risky game, trading on emotions has never ended well.

Just to point out utility coins like Dot is up by 33% in a week, ETH is up by 16% and shows great aspects of breaking out to 5K region, SOL is up by 11%, even BNB a centralized coin has made 15% gains.