Dogecoin (CRYPTO: DOGE) is down 4% while Shiba Inu (CRYPTO: SHIB) dropped 10% over seven days as meme coins struggle — with PENGU (CRYPTO: PENGU) the only exception.

DOGE And SHIB Bleeding

Dogecoin is down 87% from its $0.74 all-time high reached May 8, 2021.

It’s down 2% in 24 hours and 11% in 30 days.

DOGE started 2026 near $0.118, fell to $0.102 by February, and continues declining.

Technically, DOGE is trapped in a descending channel with the Supertrend firmly red and Chaikin Money Flow reading -0.18, signaling institutional money is exiting. 

The upper Bollinger Band near $0.1036 forms key resistance while the lower band around $0.0889 acts as nearest support.

Meanwhile, Shiba Inu…

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