• download
    Download
  • language
    Language English
  • currency
    Currency $ USD

Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
  • lei RON
  • ₹ INR
  • AUD
news-imageFebruary 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.
Publisher: Invezz
Sentiment: Negative
DOGE
SHIB

More News Articles

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%.

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.

Next Page 1