Dogecoin (DOGE), the original meme coin and one of the top 10 cryptocurrencies by market cap, saw its price plunge nearly 10% in the last 24 hours amid a broader cryptocurrency market downturn. The decline follows mixed U.S. economic data released earlier on Tuesday, which has created ripples across financial markets.

Elon Musk, on Tuesday, predicted a potential drop in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE) if dollar inflation is addressed. What Happened: The Tesla and Space X CEO expressed his views on how cryptocurrencies would benefit if inflation and government overspending were curbed “If dollar inflation is solved, the price in dollars to buy cryptocurrency will actually drop, other things being equal,” Musk wrote in an X post.

The trading volume of Ethereum, the second-largest cryptocurrency by market capitalization, has significantly increased recently. This significant rise is a sign of increased market activity since it implies that traders and investors are participating more actively.

Elon Musk offered praise for Pierre Poilievre, a Bitcoin advocate and contender for Canadian PM, who wants to cut government spending.

It's a rough day for Dogecoin, but other meme coins like Bonk and AI16Z are faring even worse as the crypto market takes a beating.

Shiba Inu (SHIB -9.94%) is seeing big sell-offs in Tuesday's trading. The cryptocurrency's token price was down 8.2% over the last 24 hours -- a period that also saw Bitcoin's price fall 5% and Ethereum's price fall 7.4%.

The cryptocurrency market was not doing well on Tuesday as Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other digital assets plunged. The crypto market crash occurred in tandem with other risk-off events in the global financial market owing to rising US treasury yields, a more hawkish Fed and heightened macroeconomic uncertainty.

Leading meme coin Dogecoin (DOGE) has seen a notable price surge over the past week, outperforming its top meme coin rivals. During this period, DOGE has soared by 23%, outpacing Shiba Inu (SHIB), which has risen 14%, and Pepe (PEPE), which has gained 4%.

Shiba Inu (SHIB) has recently drawn attention as large-scale transactions involving the token were spotted on-chain. According to Whale Alert, a blockchain analytics platform, more than 1.6 trillion SHIB tokens, worth about $39 million, were transferred from Crypto.com to anonymous wallets.

Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.

Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.

The Dogecoin price is currently battling to break above the $0.4 price level again, but technical analysis suggests that might not be the only thing that the meme-inspired cryptocurrency is battling. According to technical analysis by crypto analyst Kevin (@Kev_Capital_TA), Dogecoin is currently locked in a battle with a key resistance level defined by the macro 0.5 Fibonacci extension, which could determine whether the price can break through to higher levels above $0.4 or face renewed selling pressure.

Shiba Inu (SHIB) trading volume soared, hitting $503 million as anticipation of the TREAT token launch drives activity.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry as crypto exchange Gemini agreed to pay $5 million to settle a case with the CFTC. Plus, Dogecoin futures set a record high in terms of open interest and MARA Holdings is lending out 7,377 BTC to third parties.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are falling on Tuesday, as Bitcoin finds itself trading back below $98,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3669 $54.12 billion -5.8% +12.9% Shiba Inu (CRYPTO: SHIB) $0.00002253 $13.3 billion -7.9% +3.9% Pepe (CRYPTO: PEPE) $0.00001906 $8 billion -9.8% -10.4% Trader Notes: Crypto chart analyst Ali Martinez flagged a sell signal on DOGE's daily chart, predicting a potential price correction.

The American crypto exchange Coinbase has increased SHIB's spot trading volume by 1,711%. The rise has been attributed to the SHIB/USD pair on Coinbase, which has generated $13.12 million in trading over the last 24 hours.

Dogecoin (DOGE), the popular meme cryptocurrency, has experienced an unexpected price drop, shaking up its market position. At press time on January 7, 2025, Dogecoin was trading at $0.3599, after a sharp decrease of 7.79% over within minutes.

Talks about the Dogecoin payments on the X payment have arisen again following recent developments. These developments include a recently leaked code that suggests the X payments launch is imminent.

Over the past hour, an unusual Shiba Inu (SHIB) acquisition was spotted on-chain. Per data insight from the analytics platform Whale Alert, at least 818,460,000,000 SHIB were moved from the top Singapore crypto exchange Crypto.com.

Crypto prices are plummeting early Tuesday amid rough economic data, with Bitcoin falling under $98,000 after topping $100K on Monday.

Here's what signals that SHIB's price could keep rising in the near future.

Rexas Finance shows potential for explosive gains in 2025, echoing SHIB and SOL's transformative 2021 surges. #partnercontent

Prominent blockchain tracking platform Whale Alert has spotted an enormous Dogecoin deposit that landed on the world's largest cryptocurrency trading venue Binance.

A top analyst recently predicted Dogecoin price's likely rally to $5 ahead, with soaring global interest towards the digital assets space. On the other hand, the recent comment from Y Combinator CEO Garry Tan has further fueled speculations.

Amid the ongoing market recovery, Shiba Inu (SHIB), the world's largest crypto meme coin, is poised for massive upside momentum. The potential reasons for this bullish speculation include recent SHIB transactions from exchanges to wallets, ongoing consolidation following a breakout, and the presidential inauguration. Crypto Whale Moves 8.

Shiba Inu (SHIB) appears to be laying the groundwork for a big rally, as market observers focus on a potential vertical surge. The popular meme coin, which has often piqued investor interest, appears to be set for a “monster” climb toward $0.000066651.

The popular meme-inspired Shiba Inu (SHIB) cryptocurrency saw nearly 500 billion coins worth of activity on behalf of its largest investors, according to data from IntoTheBlock.

Uncover three key reasons why Shiba Inu price may never reach $1 despite the market recovery in 2025. While SHIB has seen notable rallies, significant barriers remain.

A savvy trader has capitulated on the booming AI agent coin vertical, pocketing an eight figure sum by identifying trending coins early. What Happened: Lookonchain data highlighted the trader's details, who achieved a stunning 89.07%-win rate in the past 30 days.

Shiba Inu is starting to reverse some of its price losses in December as the crypto industry reacts after Bitcoin's recent break above the $100,000 psychological level. This has seen the activity of Shiba Inu increase notably in the past few days.

Dogecoin has captured the spotlight once again, as major investors, known as whales, have intensified their buying activity, acquiring a staggering 140 million DOGE tokens within 24 hours.

Shiba Inu (SHIB) is showing signs of a strong comeback with recent bullish trends. But can it really reach the $1 mark?

In the last 24 hours, the dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a massive surge in trading volume on Coinbase.

Dogecoin experiences strong price momentum with whale activity and futures markets setting new records, while testing key resistance at $0.41 amid broader crypto market recovery and historical January strength.

As Dogecoin nears the $0.40 mark for a breakout rally, bulls are anticipating an extended run to the $1 pipe dream. Will Dogecoin manage to achieve this target in 2025?

Multiple analysts and technical indicators suggest Shiba Inu (SHIB) could see price increases ranging from 0.89% to over 100% through July 2025, supported by ecosystem developments and favorable market conditions.

Shiba Inu is at a pivotal point in its history as high market activity is changing the terrain of the well-known meme coin. A combination of investor dynamics that could shape SHIB's price trajectory in the days ahead are revealed by a closer examination of the on-chain data.

Elon Musk has said that if his Doge department is successful in combating inflation, it could drive down the price of bitcoin, dogecoin and other major cryptocurrencies.

Shiba Inu (SHIB), one of the most talked-about tokens in the crypto world, is showing signs of a potential breakout. Analysts have identified bullish patterns in SHIB's price movement, suggesting the token could target a significant rally to $0.000066651.

Shiba Inu (SHIB) is back in the spotlight as its key metrics flipped bullish overnight in line with the positive altcoin rally. At the time of writing, data from CoinMarketCap pegs the price of the meme coin at $0.00002421, up by 1.66% in the past 24 hours.

Crypto market recovery shows strong momentum today, with Bitcoin surpassing $102K, fueling bullish sentiment across the market. Most of top altcoins struggles to sustain upward trends, reflecting mixed performance.

Whale transactions and large withdrawals from exchange signal demand for the largest memecoin by market capitalization.

Bitcoin bounced back above $100K, which was expected to circulate bullish waves across the markets. While the other tokens failed to keep up the momentum, Dogecoin is trying hard to maintain a decent ascending trend. The price has been trying hard to rise above $0.4 since the beginning of 2025.

Dogecoin's price rallies 18%, driven by a 400% spike in whale transactions and strong market optimism.

XRP and Dogecoin (DOGE) are among the most discussed assets for their potential explosive growth in 2025. Both coins have seen notable surges recently, and experts are now predicting that the best may still be ahead for these digital assets.

Dogecoin has made some notable recovery during the past week, but social media users have remained bearish. Here's why this could be good for the rally.

The Shiba Inu ecosystem has officially announced the long-awaited release of its governance token TREAT. The token's delay, which at first was attributed to the fundraising, such as the $12 million venture capital round in April 2024 for the Layer-3 privacy blockchain, created some confusion.

Dogecoin has emerged from a recent period of consolidation and achieved a noteworthy price breakout, reaching $0.38. Although there are a few subtleties that could dampen the excitement surrounding this development, this move above the 50-day EMA suggests a possible change in momentum.