Shiba Inu's price has taken a big hit, dropping below key support levels. Is this a buying opportunity or a sign of more trouble ahead?

Dogecoin's price action has remained muted following Canadian crypto company Neptune Digital Assets' announcement that it had purchased 1 million DOGE in December.

SHIB's price action depends on breaking resistance amid shifting market dynamics.

Shiba Inu whales are back in action, initiating massive transactions worth millions of dollars. Recently, on-chain data revealed that Shiba Inu whales had moved a staggering 15.1 trillion SHIB tokens in just one day.

Major cryptocurrencies declined sharply on Tuesday following the announcement of a new regulatory oversight committee, with total market liquidations reaching nearly $485 million in the past 24 hours. Cryptocurrency Gains +/- Price (Recorded at 8.15 p.m.

Neptune Digital Assets Corp., a Canadian blockchain firm, has expanded its crypto holdings by purchasing 1 million Dogecoin (DOGE) at an average price of $0.37 per token. The acquisition, valued at approximately $270,000, was completed on December 27, 2024, as part of Neptunes strategy to diversify its portfolio and manage leverage risk.

Dogecoin is currently at the 200 EMA, a historically significant zone for trend reversals, having reached a critical support level following a protracted decline. Dogecoin has previously used this level as a crucial turning point, making it a critical area where either a significant rebound or additional breakdown may occur.

Crypto analyst TradingShot has identified a pattern on DOGE's chart that shows why a bounce above $0.3 is expected for the Dogecoin price. This provides some optimism regarding the foremost meme coin, which was one of the most affected by the recent downtrend in the crypto market.

The AFL-CIO has sued the US Treasury, alleging it illegally shared sensitive data with Elon Musk's DOGE. The lawsuit claims that millions' personal details, including Social Security numbers and bank info, were disclosed without permission.

Dogecoin price is drawing attention as analysts predict a potential 300% price surge. The cryptocurrency has recently seen increased buying interest, with firms adding DOGE to their holdings.

Canadian firm Neptune Digital Assets announced Tuesday that it bought a trove of Dogecoin alongside its growing corporate stash of Bitcoin.

Investors and traders of Dogecoin have been struck with liquidations following a notable price pullback, triggered by a broader crypto market whirlwind. Dogecoin has dropped below the $0.30 level, finding support at the $0.25 mark.

Cryptocurrency markets are trading lower on reduced volatility on Tuesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,858.48 -2.9% Ethereum (CRYPTO: ETH) $2,747.65 +0.8% Solana (CRYPTO: SOL) $207.51 -2.2% XRP (CRYPTO: XRP) $2.58 -3.1% Dogecoin (CRYPTO: DOGE) $0.2646 -4.6% Shiba Inu (CRYPTO: SHIB) $0.00001571 -2.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.8% and daily active addresses rise by 14.3%.

Shiba Inu (SHIB) price has remained sluggish despite the ongoing bullish sentiment in the crypto market. While several major cryptocurrencies have registered strong gains, SHIB's price has struggled to maintain momentum.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are showing steady price action, but on-chain data and technical indicators suggest a massive rally could be on the horizon. Cryptocurrency Price 24-Hour Trend Dogecoin (CRYPTO: DOGE) $0.2636 -5.7% Shiba Inu (CRYPTO: SHIB) $0.00001563 -3.4% Pepe (CRYPTO: PEPE) $0.00001001 -5.0% Trader Notes: Crypto trader Javon Marks predicts that Shiba Inu could surge nearly 10x to $0.0001553.

This prediction comes after plans for a Las Vegas Sphere advertisement fell apart.

According to a prominent trader, the Department Of Government Efficiency (D.O.G.E) token is following the typical meme coin trajectory—major rallies followed by deep corrections. What Happened: In a post on X on Tuesday, trader Unipcs highlighted that despite facing heavy criticism after a 90% drop from its $500 million peak, this pattern is normal and D.O.G.E is primed for a comeback.

Neptune Digital Assets Corp., a leading Canadian blockchain company, has announced the acquisition of 20 additional Bitcoin and 1 million Dogecoin.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Dogecoin (DOGE) could be on the cusp of another massive rally, according to an analysis from technical analyst Kevin (@Kev_Capital_TA). He believes the current correction closely mirrors the pattern that set the stage for DOGE's explosive gains during its previous bull cycle.

The UAE Ministry of Energy (MOEI) has struck a partnership with Shiba Inu to develop Web3 solutions in energy, infrastructure, and more. As per the press release, the partnership will mark a new era in Web3, leveraging Shiba Inu's broad range of Web3 technologies to support public service efficiency, green infrastructure, and citizen-focused governance models.

Neptune Digital Assets bought 20 more BTC and 1 million Dogecoin in the latest proof of long-term support for the assets.

Altcoins like Floki, AAVE, Jasmy, and ApeCoin are seeing increased whale activity as volatility in the crypto industry rises. Floki (FLOKI), a popular meme coin, saw its whale activity increase by 286% in the last seven days.

The publicly traded company plans on accumulating other cryptocurrencies through its Sygnum credit line.

Dogecoin's price action over the past 24 hours has reflected the turbulence sweeping across the broader crypto market. The meme coin suffered a sharp decline on February 3, tumbling by double digits as the market underwent a widespread selloff, triggering mass liquidations across multiple cryptocurrencies.

Two scenarios for DOGE: a quick rally peaking by February's end or a slower climb reaching new highs by mid-April or early May.

Shytoshi Kusama, an enigmatic person known in the crypto space as the Shiba Inu (SHIB) community lead and a sort of spokesperson for the popular meme-inspired cryptocurrency, recently shared an intriguing hint on their social media.

A project focused on the meme coin market called the Doge Jones Industrial Average (CRYPTO: DJI) has announced the beta launch of its new DJI App, a self-custody index platform designed for meme coins. The platform, which is now live, enables users to buy, hold,and manage an index of these digital assets directly.

The United Arab Emirates (UAE) government and cryptocurrency project Shiba Inu have partnered to promote Web3 innovation and growth in the country.

A rather rare anomaly recently stunned the on-chain realm behind the scenes of Shiba Inu token SHIB. Thus, as became known thanks to data from IntoTheBlock, the number of outflows from the wallets of meme cryptocurrency whales in the last 24 hours totaled 6.51 trillion SHIB.

Canadian blockchain company Neptune Digital Assets Corp. purchased 1 million DOGE tokens at the end of last year.

Elon Musk's response to threats against employees associated with DOGE has fueled a surge in Dogecoin's value, pushing the token up by 10%. On Feb. 4, Musk, who leads the Department of Government Efficiency, reacted to a post from the popular Reddit account Reddit Lies.

The latest price analysis by Coinidol.com report, Dogecoin (DOGE) price falls below the support of $0.30.

Shiba Inu price decline has crossed the 25 percent mark this year, but whales could help bridge the divide between BTC and meme coin momentum.

Leading meme coin Shiba Inu (SHIB) has seen a significant drop in value, falling by 20% over the past week. Due to this double-digit price fall, a key on-chain metric suggests that SHIB has become undervalued, indicating it might be a good time to buy.

The market might have found a local bottom by now, according to CoinStats.

Dogecoin is beginning to regain momentum after a sharp drop in the early hours of January 3, a move that liquidated many traders who had been betting on continued upside. This decline wasn't just another pullback, as it marked the most significant Dogecoin price drop in six months.

Shiba Inu (SHIB), the dog-themed meme coin, has significantly developed on the broader cryptocurrency market. There has been an upsurge in trading volume as over 10 trillion SHIB tokens have hit Binance, the largest crypto exchange, in the last 24 hours.

VICKY is up 22% in the last 24 hours as Vitalik Buterin retains the majority of VICKY holdings allocated to him at launch.

Explore XRP ETF rumors, DOGE's 18% price drop, and why AI crypto INTL surged 90% as Ripple faces SEC scrutiny—insights on meme coins vs. AI trading innovation.

The lawsuit alleges that the US Treasury violated federal laws by granting DOGE access to sensitive data.

Asset manager Bernstein reports that the market remains pessimistic about the Department of Government Efficiency (DOGE) initiative, expressing doubts about Elon Musk‘s ability to implement significant changes effectively. “The market remains pessimistic on the DOGE hype & believes Elon will struggle to execute anything meaningful,” the report, released on Monday stated.

Dogecoin (DOGE) price, a major meme-based cryptocurrency, experienced a volatile week, plunging 20% at hitting support areas. However, DOGE rebounded as the broader crypto market showed signs of recovery.

Elon Musk's post on law enforcement taking actions against Reddit users targeting DOGE employees sparked a 5% rise in his favorite coin. On Feb.

Dog-themed cryptocurrency Shiba Inu (SHIB) shows signs of rebounding following a sharp sell-off in Monday's trading session.

Elon Musk has established the Department of Government Efficiency (DOGE), claiming $1 billion in daily federal spending cuts while advocating for tax system reform through his platform X.

President Donald Trump's plan to axe the US Department of Education is officially in motion as of today. His right-hand man for the job?

The decision of the President of the United States, Donald Trump, to impose new tariffs has had a significant impact on XRP and Dogecoin.