MemeCore, Monero, and Gold-Backed Tokens Rise Amid Market Slump

2025-12-12 00:11

Amid a mixed performance in the cryptocurrency market on December 11, 2025, MemeCore (M) led the gainers with a 3.40% increase. Monero (XMR) followed with a 1.07% rise, while gold-backed tokens PAX Gold (PAXG) and Tether Gold (XAUt) gained 0.58% and 0.57%, respectively. TRON (TRX) also saw a modest increase of 0.36%. In contrast, major cryptocurrencies Bitcoin and Ethereum faced declines of 2.0% and 3.8%, respectively, as leveraged liquidations and a risk-off sentiment, spurred by recent Federal Reserve comments, weighed on the market. The fear and greed index indicated extreme caution among investors.

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