Analyzing the Effects of Market Plunge on Dogecoin and Shiba Inu Prices
Tuesday, 9 July 2024, 20:29
Market Plunge Impact on Meme Coins
The recent market plunge has generated uncertainty for meme coins like Dogecoin and Shiba Inu.
Whales Ditching SHIB and DOGE
Whales are abandoning Shiba Inu and Dogecoin, leading to increased selling pressure.
Liquidations Surge, Prices Waver
Liquidation volumes have surged as prices of SHIB and DOGE face instability.
Future of Meme Coins
What lies ahead for meme coins amidst the bearish threat remains a key question.
Dive into our detailed analysis now to understand the potential implications on DOGE and SHIB prices.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.