The post What Happened to Shiba Inu and Other Meme Coins? SHIB Holders Are Looking to This Coin for a Win in 2025 appeared on BitcoinEthereumNews.com.

Shiba Inu does not appear to do any better. Meme coins as a category are losing popularity, which has caused SHIB to drop to 0.000012. Over the weekend, SHIB suffered massive losses, and although a brief tradable bounce could be seen, recovery is nonexistent as heavy selling pressure immediately forced it back down. Shiba Inu is experiencing a bear phase, which is more persistent than usual because investors are trying to capitalize on assets that are more driven by utility than speculative gains. Traders who once focused on Shiba Inu during the last bull run must redirect their attention elsewhere to better assets with deep-rooted fundamentals attached to them. Similarly, the once-thriving meme coin market is in dire straits, with a forceful and relentless overarching downturn. As the leader of meme coins, Dogecoin’s price suffers a devastating drop to $0.16, its lowest point in five months. During the past week alone, Dogecoin has lost 30% of its value, highlighting the weak market sentiment for Dogecoin and meme coins. Open interest in DOGE is lower than ever since late October, and traders are pulling further away as selling continues to dominate. Dogecoin is suffering as we have not seen strong demand, so we are moving forward with sluggish price action. We can thus conclude that there are no signs of a Dogecoin rebound in the near future. Reasons for Meme Coins’ Declining Profitability The rapid decline of meme coins is not happening in a vacuum. The entire cryptocurrency market has faced broader concerns, and riskier assets like these meme coins have had a more drastic impact. There has been a tariff war scare between significant economies, leading to unpredictability, and there hasn’t been bullish news recently from the White House. Also, speculating on interest rate cuts has made traders more cautious,…

---

Filed under: News - @ March 29, 2025 1:24 am