Dogecoin Drops 14%, Shiba Inu Sinks 17%: What’s Behind The Decline?
Posted On December 10, 2024
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have seen sharp declines, with traders debating whether these drops signal a buying opportunity or a deeper trend reversal.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Dogecoin (CRYPTO: DOGE) | $0.3779 | $55.6 billion | -13.5% | -7.4% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002484 | $14.8 billion | -16.4% | -11% |
| Pepe (CRYPTO: PEPE) | $0.00002287 | $9.6 billion | -17% | +16% |
Trader Notes: Crypto trader DonAlt highlights Dogecoin’s sideways movement over the past month, describing it as one of the most “net-worth-destructive” charts in crypto history.
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