{"id":98800,"date":"2026-06-05T21:03:04","date_gmt":"2026-06-05T21:03:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=98800"},"modified":"2026-06-05T21:03:04","modified_gmt":"2026-06-05T21:03:04","slug":"dogecoin-shiba-inu-plunge-8-is-it-over-for-meme-coins","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=98800","title":{"rendered":"Dogecoin, Shiba Inu Plunge 8%: Is It Over For Meme Coins?"},"content":{"rendered":"<div>\n<p><strong>Dogecoin<\/strong> <a class=\"ticker-link\" data-ticker=\"DOGE\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/DOGE-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>) and <strong>Shiba Inu<\/strong> <a class=\"ticker-link\" data-ticker=\"SHIB\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/SHIB-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) each shed roughly 8% on Friday as <strong>Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) drifted toward $60,000, with the heaviest selling concentrated in the most speculative corners of the crypto market.<\/p>\n<h3 class=\"wp-block-heading\">Both Tokens Broke Key Support On Heavy Volume With Sellers In Control<\/h3>\n<p>Dogecoin fell from $0.0891 to $0.0830, breaking the ascending channel that held since February and landing directly on the $0.080 horizontal support, the last structural level visible on the chart.\u00a0<\/p>\n<p>Shiba Inu dropped from $0.000004997 to $0.000004630, slicing through support near $0.000004780 on heavy selling pressure.\u00a0<\/p>\n<p>Both tokens saw their biggest volume spikes during the breakdown rather than on any recovery attempt, confirming sellers remained in control throughout the session.<\/p>\n<p>Derivatives traders moved into defensive positioning, with DOGE futures open &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/53044231\/dogecoin-shiba-inu-plunge-8-is-it-over-for-meme-coins?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Dogecoin,\" shiba inu plunge is it over for meme coins>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) each shed roughly 8% on Friday as Bitcoin (CRYPTO: BTC) drifted toward $60,000, with the heaviest selling concentrated in the most speculative corners of the crypto market. Both Tokens Broke Key Support On Heavy Volume With Sellers In Control Dogecoin fell from $0.0891 to $0.0830, breaking the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-98800","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/98800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=98800"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/98800\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}