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news-imageFebruary 6, 2025

Dogecoin and Shiba Fall as Meme Coin Market Cap Drops Below $70b – A Buy Opportunity?

For what it seems, considering that these two tokens account for over half the market cap of all meme coins, the odds of a short-term reversal are high.
Publisher: FXEmpire
Sentiment: Negative
DOGE
SHIB

More News Articles

Positive
cover-imageCrypto Reporter
February 6, 2025

Leaked Details From Crypto Insiders Reveal That Dogecoin Whales Just Made Their Move, Warns Not To Miss This Rare Crypto

In a surprising development, crypto insiders have revealed a significant surge in Dogecoin whales' activity that has sparked widespread speculation across the market. These influential investors are reportedly positioning themselves for massive gains, not just by holding Dogecoin, but by making strategic moves into WallitIQ (WLTQ)—an AI-driven crypto gem currently in its fast-winding presale.

Neutral
cover-imageBitcoin
February 6, 2025

Elon Musk and the Rise of DOGE: Is AI and Blockchain Set to Rewrite Federal Spending?

Over the past week, there has been a significant amount of controversy directed at the newly established Department of Government Efficiency (DOGE). Although opinions remain divided regarding its operations, artificial intelligence (AI) and blockchain technology will likely be employed to better optimize government spending on a permanent distributed ledger system.

Positive
cover-imageThe Currency Analytics
February 6, 2025

Dogecoin Bullish Divergence Indicates Potential Breakout

Dogecoin has recently made headlines with its first-ever bullish divergence on the RSI daily chart in 2025, signaling a potential upward movement in its price. As of the latest data, Dogecoin is trading at $0.2659, reflecting a 2.23% increase over the past 24 hours.

Negative
cover-imageBenzinga
February 6, 2025

Bitcoin, Ethereum, XRP, Dogecoin Grind Lower As Trader Warns: Choppy Above $95,500, Bearish Below

Despite positive catalysts like institutional adoption and discussions around Bitcoin's potential inclusion in sovereign wealth funds, the cryptocurrency market is trading lower on Thursday, with traders closely watching Bitcoin's $95,500 support level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,588.31 -1% Ethereum (CRYPTO: ETH) $2,710.63 -2% Solana (CRYPTO: SOL) $191.80 -3.7% XRP (CRYPTO: XRP) $2.33 -4.4% Dogecoin (CRYPTO: DOGE) $0.2481 -4% Shiba Inu (CRYPTO: SHIB) $0.00001505 -5.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9% and daily active addresses falling by 3.4%.

Negative
cover-imageInvezz
February 6, 2025

Memecoins update: whales accumulate SHIB and DOGE as market dips continue

Cryptocurrencies remain volatile on Thursday, with tokens displaying mixed performances. Bears have dominated since the US declared the partially-delayed tariffs on China, Canada, and Mexico. Meme coins traded downward, with the meme market capitalization plunging by over 7% to $74.1 billion. Moreover, the declined 24-hour trading volume indicates fading investor interest in meme assets.

Positive
cover-imageBenzinga
February 6, 2025

Shiba Inu More Than A Meme? The 'Technology Powerhouse' Partners With United Arab Emirates Government

Cryptocurrency traders hope Shiba Inu (CRYPTO: SHIB) may be poised for a comeback off the back of a partnership announcement with the government of the United Arab Emirates. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001504 $8.9 billion -6.3% -20.4% Dogecoin (CRYPTO: DOGE) $0.2468 $36.51 billion -5.3% -26.2% Pepe (CRYPTO: PEPE) $0.059381 $3.94 billion -7.9% -29.4% Trader Notes: Crypto trader Scofield highlighted that meme coins are evolving beyond hype, pointing to projects like Floki Inu (CRYPTO: FLOKI), Dogwifhat (CRYPTO: WIF) and SHIB.

Neutral
cover-imageUToday
February 6, 2025

Shiba Inu (SHIB) to Dodge Death Cross If This Bounce Accelerates

After a brutal sell-off, Shiba Inu is at a turning point and exhibiting signs of a possible recovery, but any attempts at recovery could be hampered by an impending death cross. Following a recent decline below important support levels, the asset has experienced a modest recovery and is currently trading at $0.000016.

Positive
cover-imageBitcoin
February 6, 2025

UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

The United Arab Emirates Ministry of Energy and Infrastructure has partnered with Shiba Inu to implement Web3 solutions for energy, infrastructure, and other areas. Public Service Efficiency Gets a Web3 Makeover The United Arab Emirates (UAE) Ministry Energy and Infrastructure (MOEI) announced on Feb.

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