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news-imageSeptember 7, 2024

Why Is The Dogecoin And Shiba Inu Price Spiraling Today?

Dogecoin (DOGE) and Shiba Inu (SHIB) are currently experiencing a downtrend, highlighting the bearish sentiment towards these meme coins. This price decline is due to several factors, including developments in the broader crypto market.
Publisher: Bitcoinist
Sentiment: Negative
DOGE
SHIB

More News Articles

Negative
cover-imageThe Daily Hodl
January 14, 2025

Trader Says Large-Cap Memecoins ‘Don't Look Great,' Updates Forecast on Dogecoin (DOGE) and POPCAT

A widely followed cryptocurrency trader is warning that several large-cap memecoins are printing bearish price patterns. The trader pseudonymously known as Altcoin Sherpa tells his 239,100 followers on the social media platform X that memecoins like Pepe (PEPE), Bonk (BONK) and dogwifhat (WIF) are printing lower highs and lower lows on their price charts.

Positive
cover-imageBitcoinist
January 14, 2025

Dogecoin Price Prediction: Pundit Says Expect DOGE At $1.30 If This Level Holds

Crypto analyst Kevin (@Kev_Capital_TA) has outlined a bullish case for the Dogecoin price while identifying a final price target of $1.30, but under specific market conditions. In his technical analysis shared on X (formerly Twitter), Kevin emphasized the importance of a critical support level and a bullish pattern currently shaping Dogecoin's price trajectory.

Positive
cover-imageBenzinga
January 14, 2025

Bitcoin, Ethereum, XRP, Dogecoin Move Higher Ahead Of Inflation Data Wednesday

Cryptocurrency markets are seeing gains across the board despite ongoing ETF outflows, indicating underlying strength in the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,344.48 +4.7% Ethereum (CRYPTO: ETH) $3,201.80 +6.2% Solana (CRYPTO: SOL) $186.30 +5.2% XRP (CRYPTO: XRP) $2.65 +7.9% Dogecoin (CRYPTO: DOGE) $0.3527 +8.6% Shiba Inu (CRYPTO: SHIB) $0.00002138 +5.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 34.7% and daily active addresses up by 4.5%.

Positive
cover-imageBenzinga
January 14, 2025

Peanut The Squirrel Surpasses Shiba Inu In Trading Volume: Is $1 Next?

Peanut The Squirrel (CRYPTO: PNUT) has rebounded with a 22% single-day surge but remains down 47% on the month, with traders questioning its near-term potential. Cryptocurrency Price Market Cap 24-Hour Trend 24-Hour Trading Volume Peanut The Squirrel (CRYPTO: PNUT) $0.6217 $621.6 million +24.8% $572.8 million Shiba Inu (CRYPTO: SHIB) $0.3519 $51.8 billion +8.1% $371.9 million Dogecoin (CRYPTO: DOGE) $0.00002138 $12.6 billion +4.9% $3.2 billion Pepe (CRYPTO: PEPE) $0.00001724 $7.3 billion +5.3% $874.01 million Trader Notes: Crypto Bull expressed confidence in PNUT, predicting it's time for the meme coin to reach $1 following its Coinbase listing.

Positive
cover-imageUToday
January 14, 2025

Shiba Inu (SHIB) Eyes Major 50% Move as Bollinger Bands Signal

The price of popular meme-inspired cryptocurrency Shiba Inu (SHIB) may be on the verge of stunning price action in the coming weeks. In particular, as the Bollinger Bands indicate on the weekly price chart of SHIB, the price of the asset found support at a median level, despite a painful sell-off yesterday.

Positive
cover-imageUToday
January 14, 2025

18.64 Trillion Shiba Inu Open Interest Sets SHIB Apart

Dog-themed meme coin Shiba Inu (SHIB), has seen its Open Interest soar amid the ongoing rebound on the cryptocurrency market. According to CoinGlass data, 18.64 trillion SHIB worth $399.79 million in outstanding derivatives contracts were opened in the last 24 hours.

Positive
cover-imageBenzinga
January 14, 2025

Dogecoin Up 10%, Shiba Inu Rises 6%: What's Driving The Surge?

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are gaining momentum, trading significantly up on Tuesday morning. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3475 $51.3 billion +9.7% -10.1% Shiba Inu (CRYPTO: SHIB) $0.00002133 $12.6 billion +6% -10.1% Pepe (CRYPTO: PEPE) $0.00001721 $7.2 billion +6.6% -15.4% Trader Notes: Crypto trader Kevin highlighted that Dogecoin's price action remains strong as long as it holds above $0.26 within its bullish falling channel.

Positive
cover-imageBenzinga
January 13, 2025

Bitcoin, Ethereum, XRP, Dogecoin Reverse 'Red Monday' On Bullish Trump News

Cryptocurrency markets reversed a weak start to the week on news that Donald Trump reportedly plans signing sseveral crypto-related executive orders on his first day in office. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,357 -0.1% Ethereum (CRYPTO: ETH) $3,117 -4.5% Solana (CRYPTO: SOL) $181.90 -3.3% XRP (CRYPTO: XRP) $2.54 +0.9% Dogecoin (CRYPTO: DOGE) $0.3358 -0.0% Shiba Inu (CRYPTO: SHIB) $0.00002108 -2.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 9.2% and daily active addresses up by 6.4%.

Neutral
cover-imageThe Currency Analytics
January 13, 2025

Shiba Inu Developer Confirms BONE Minting Is Not Possible

Kaal Dhariya, a leading developer within the Shiba Inu ecosystem, has strongly refuted claims that the team behind Shiba Inu could still mint Bone ShibaSwap (BONE) tokens, despite prior assurances that the token's supply was fixed. The confusion arose after a claim from a Solidity developer known by the username @shallowhal-i4n, who suggested that the Shiba Inu team could exploit a loophole in the contract to mint additional BONE tokens.

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