Dogecoin & Shiba Inu Prices Tank as Crypto Market Turns Bearish, But Traders Are Backing These New Meme Coins to Explode

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Dogecoin ($DOGE) and Shiba Inu’s ($SHIB) prices have tanked in the past week, sending meme coin enthusiasts searching for stability. However, as

Dogecoin and Shiba Inu’s prices have tanked in the past week, sending meme coin enthusiasts searching for stability.

The recent price downturn has sparked concern among their communities, raising questions about their long-term viability. Shiba Inu, not to be outdone by its predecessor, also soared earlier this year to $0.0000157 but has since dropped 38% to $0.0000096. Although this appeal has nothing to do with Dogecoin or Shiba Inu, its implications for the crypto market could be far-reaching.

As newer coins with more promising prospects emerge, the allure of $DOGE and $SHIB has taken a hit – resulting in the recent price declines.As legacy meme coins like Dogecoin and Shiba Inu falter, the new meme tokenThe project recently launched a presale for its $SONIK token, raising over $29,000 in the first two days.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SHIB Breaking News: Shiba Inu Taps Leading Investment Firm for Doggy Dao AdvisorSHIB Doggy DAO is decentralized autonomous organization governed by Shiba Inu token holders
Source: Utoday_en - 🏆 295. / 63 Read more »