The post It’s Easy To See Why This $0.20 Token Has Completely Stolen Dogecoin (DOGE) and Shiba Inu’s (SHIB) Limelight in 2025 appeared on BitcoinEthereumNews.com.

The cryptocurrency market is shifting as investors move away from meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) due to increased volatility and weakening confidence. While these tokens once thrived on community hype, recent price movements suggest growing uncertainty. Meanwhile, Rexas Finance (RXS), a blockchain project focused on real-world asset tokenization, has gained traction. With a presale price of $0.20 and over $47 million raised, RXS is emerging as a more stable alternative in the evolving crypto market. Dogecoin (DOGE) Faces Heavy Selling and Liquidations Dogecoin has been highly bearish, as it lost 17 per cent in a single day, and it continued to decline. At the time of writing, the price of DOGE is $0.19, which is minus a twenty-six percent decrease from $0.27 as of February 15. As a result, the correction caused over $20 million worth of liquidations within a day and over $100 million in the last week, by the data of CoinGlass. Technical indicators suggest continued weakness. The RSI has tested 33 which is a bit close to the oversold region, while the MACD has a bearish crossover formation. The long-to-short ratio, a measure of whether more traders are leaning toward higher or lower prices, has declined to 0.86, indicating there are more bearish traders on DOGE. If $0.18 price support fails to hold, DOGE could test the $0.14 psychological level that it reached way back in November 2024. Although Dogecoin has benefited from speculation around Elon Musk’s endorsement, there have been no new updates on its adoption on X. If DOGE cannot break above $0.25, it may struggle to regain investor interest. Shiba Inu (SHIB) Struggles to Hold Key Support Levels It has also been nominated in terms of selling pressure, where Shiba Inu lost about 10% to trade at $0.00001274. The meme coin…

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Filed under: News - @ March 23, 2025 6:20 am