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Dogecoin Down 7%, Shiba Inu Declines 3%: What’s Going On?

Dogecoin DOGE/USD and Shiba Inu SHIB/USD are trending downwards as market participants closely monitor whale activity, burn rates and technical signals for the next big move.

CryptocurrencyPrice   Market Cap24-Hour Trend7-Day TrendDogecoin DOGE/USD $0.3669$54.2 billion-6.7% +4.4% Shiba Inu SHIB/USD $0.00002061  $12.1 billion-2.5% -2.2% Pepe PEPE/USD $0.00001594  $6.7 billion+1.5% -6.2% 

Trader Notes: Crypto analyst Ali Martinez remains optimistic about Dogecoin’s potential for further upside.

TraderSZ, however, stated that he has paused scaling into DOGE long positions, waiting for a “proper reclaim of mid-range” before re-entering.

Despite this…

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