Dogecoin, Shiba Inu Dip 3% In A Day – Is a Meme Coin Rally Still Brewing?
Posted On June 17, 2025
Meme coin heavyweights Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) saw sharp daily losses as sentiment across the crypto market turned cautious. However, several on-chain indicators and trader insights continue to point to long-term bullish potential.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Dogecoin (CRYPTO: DOGE) | $0.1714 | $25.7 billion | -3.2% | -11.2% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001175 | $6.92 billion | -3.2% | -10% |
| Pepe (CRYPTO: PEPE) | $0.00001038 | $4.4 billion | -8.2% | -20% |
Trader Notes: In an X post on June 16, MaxBecauseBTC described Dogecoin as the “Bitcoin of meme coins,” emphasizing its role as a trendsetter for the broader meme coin sector.
According to him, the DOGE/MEME.C-DOGE pair functions like BTC dominance in the meme ecosystem. A breakdown in this chart …
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