Meme Coins Crash: Index Sinks 75%—What’s Next for $DOGE, $SHIB & More?
- Dogecoin’s future depends on breaking resistance at $0.3350 for further gains.
- Shiba Inu’s recovery hinges on holding support at $0.00001840 or higher.
- Pepe and Bonk show bullish potential, but critical support levels remain key.
Memecoins, which were once popular among investors, have taken a hit lately, with some coins plummeting as much as 75% in value. This price slump has notably affected major assets like Dogecoin ($DOGE), Shiba Inu ($SHIB), and others, casting a shadow on their future.
Dogecoin’s Price Trend and Market Outlook
Dogecoin ($DOGE) has shown some resilience, trading at $0.3321, up by 1.39% over the past 24 hours. The coin’s price action demonstrates strong market activity, marked by frequent dips and recoveries. However, the price is fighting to maintain upward momentum amidst market volatility.
The immediate resistance for DOGE stands at $0.3350, where selling pressure has been noticeable during recent upswings. If it breaks through this resistance, DOGE might test the next level at $0.3400.
On the downside, the current support level at $0.3270 has offered some stability, although a drop below this …
The post Meme Coins Crash: Index Sinks 75%—What’s Next for $DOGE, $SHIB & More? appeared first on Coin Edition.
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Meme Coins Crash: Index Sinks 75%—What’s Next for $DOGE, $SHIB & More?
- Dogecoin’s future depends on breaking resistance at $0.3350 for further gains.
- Shiba Inu’s recovery hinges on holding support at $0.00001840 or higher.
- Pepe and Bonk show bullish potential, but critical support levels remain key.
Memecoins, which were once popular among investors, have taken a hit lately, with some coins plummeting as much as 75% in value. This price slump has notably affected major assets like Dogecoin ($DOGE), Shiba Inu ($SHIB), and others, casting a shadow on their future.
Dogecoin’s Price Trend and Market Outlook
Dogecoin ($DOGE) has shown some resilience, trading at $0.3321, up by 1.39% over the past 24 hours. The coin’s price action demonstrates strong market activity, marked by frequent dips and recoveries. However, the price is fighting to maintain upward momentum amidst market volatility.
The immediate resistance for DOGE stands at $0.3350, where selling pressure has been noticeable during recent upswings. If it breaks through this resistance, DOGE might test the next level at $0.3400.
On the downside, the current support level at $0.3270 has offered some stability, although a drop below this …
The post Meme Coins Crash: Index Sinks 75%—What’s Next for $DOGE, $SHIB & More? appeared first on Coin Edition.
Read More
Shiba Inu Burns Surge as Community Removes Over 537 Million SHIB in 24 Hours