Dogecoin And SHIB Battle For Meme Coin Dominance But This Underdog Is Stealing The Show
The post Dogecoin And SHIB Battle For Meme Coin Dominance But This Underdog Is Stealing The Show appeared on BitcoinEthereumNews.com.
As Bitcoin is making waves with its price movements, much of the meme market is looking up too. Dogecoin and Shiba Inu seem to be locked in a struggle for dominance lately and we have a new PayFi project commanding attention in the spotlight. Meme coin drama and something from the DeFi scene coming shortly. Dogecoin Price: Mixed Feelings In DOGE Camp The DOGE price has been plagued by inconsistent movements for years, but Dogecoin has been remarkably stable this year. Since retaking its support at $0.17 in April, the token has barely strayed downward and some pundits support a surge to $1.25 for Dogecoin. Yet some analysts fear the worst for Dogecoin in June, as a number of them predict that DOGE is approaching a significant risk of a bearish slump. Technical indicators point to the increasing likelihood of a bearish few days for Dogecoin. DOGE is currently selling at $0.17 with 9.9% losses in the past week and under close scrutiny from traders and holders. Shiba Inu Price: Can Whales and Burn Rate Turn The Tide? Dogecoin may be taking the heat of criticism, but SHIB is not faring much better. Given the competition, Shiba Inu is expected to be hitting bullish trends already, but the token is dealing with selling pressure at the moment. About 438 trillion SHIB tokens were scooped up at $0.000011 by over 220,000 unique addresses in the past month, according to IntoTheBlock data. Now, most of those investors are hovering around their entry prices, as SHIB is trading at $0.00001153. With such slim margins, it might be up to the whales and the SHIB burn rate to rescue the token price. Otherwise, a huge selling wave could hit Shiba Inu soon. Remittix: New Project Look For? The latest from the new PayFi project…
Filed under: News - @ June 20, 2025 11:29 am