Shiba

Bitcoin

Dogecoin

Shiba Inu

<p>Meme-inspired cryptocurrencies, once booming, are currently going through a tough period. Dogecoin, Shiba Inu, and PEPE, key players in this segment, have seen their market value drop significantly in recent weeks.</p> 
<h2 id="h-doge-on-the-decline-despite-increased-trading-volume">DOGE on the Decline Despite Increased Trading Volume</h2> 
<p>About two weeks after the Halving, the crypto market is struggling to rebound. Bitcoin is undergoing a correction that has repercussions across the entire market, including <a href="https://www.cointribune.com/en/heres-how-the-crypto-community-is-propelling-memecoins/" target="_blank" rel="noreferrer noopener">memecoins</a> which until now were enjoying a prosperous period, akin to a bull run.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1"> 
 </div> 
</div> 
<p>Dogecoin (DOGE), one of the leading meme-inspired cryptocurrencies, has lost over 12% of its value in the last 24 hours. This decline is part of a <a href="https://www.cryptointelligence.co.uk/meme-cryptocurrencies-face-steep-declines-dogecoin-shiba-inu-and-pepe-suffer-major-setbacks-in-market-value/" target="_blank" rel="noreferrer noopener">broader downward trend</a>, with a drop of 23% over the week and 40% over the month.</p> 
<div class="affiliate-button"> <a class="affiliate-button__link" href="https://go.primexbt.com/click?pid=8658&amp;offer_id=12&amp;l=1594368336" target="_blank" rel="noreferrer noopener">Start trading Bitcoin with PRIME XBT</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noreferrer noopener">This link uses an affiliate program.</a> 
</div> 
<p>Currently, DOGE is trading around $0.1245, far from its all-time high of $0.737 reached in May 2021. Despite these disappointing figures, Dogecoin’s trading volume has jumped 75% in a day, reaching $1.7 billion, with a market capitalization of $18 billion.</p>  
<div class="tradingview-widget-container tradingview--mini-chart"> 
 <div class="tradingview-widget-container__widget"></div> 
 <div class="tradingview--mini-chart--dark"> 
  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:DOGEUSDT","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"dark"}</script> 
 </div> 
 <div class="tradingview--mini-chart--light"> 
  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:DOGEUSDT","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"light"}</script> 
 </div> 
 <div class="tradingview-widget-copyright">
  <a href="https://fr.tradingview.com/symbols/DOGEUSDT/?exchange=BINANCE" rel="noopener" target="_blank"><span class="text-primary-color">DOGEUSDT chart</span></a> by TradingView
 </div> 
</div>  
<h2 id="h-shiba-inu-and-pepe-follow-the-downward-trend">Shiba Inu and PEPE Follow the Downward Trend</h2> 
<p><a href="https://www.cointribune.com/en/the-crypto-shiba-inu-on-the-brink-of-a-cliff/" target="_blank" rel="noreferrer noopener">Shiba Inu (SHIB)</a>, another popular memecoin, has also lost 12% in 24 hours and 22% over the week. Its current price of $0.000021 is still up 134% over 90 days, indicating a continuing interest from investors. SHIB’s transaction volume has increased by 50% to reach $833 million, with a market capitalization of $12.3 billion.</p> 
<p>PEPE, a more recent memecoin, is not immune to the slump despite a 560% surge over 90 days. Its price has fallen 22% over a week and an additional 16% in 24 hours, reaching $0.000006. Its trading volume, however, has increased by 28% to reach $980 million.</p> 
<p>Although Dogecoin, Shiba Inu, and PEPE have suffered significant losses, investor interest, reflected by increased trade volumes, remains present. Investors must remain vigilant to the volatility and inherent risks of these assets, while closely monitoring market sentiment and broader trends in the <a href="https://www.cointribune.com/en/bitcoin-etfs-crash-563-million-outflows-in-one-day/" target="_blank" rel="noreferrer noopener">crypto sector</a>.</p> 
<div class="affiliate-button"> <a class="affiliate-button__link" href="https://join.swissborg.com/r/frederEZU5" target="_blank" rel="noreferrer noopener">Buy your first cryptocurrencies with Swissborg</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noreferrer noopener">This link uses an affiliate program.</a> 
</div>

Crypto: Storm on memecoins, DOGE, SHIB, and PEPE in free fall

目录

Cointribune EN

发布于 2024年5月3日的其他文章

Why Ripple May Never Deliver Substantial Profit Despite a Win Against SEC: XRP Bulls Eye This 30%...

Why Is Tellor (TRB) Price Up By 42%? This Could Be the Beginning of Massive Upward Spikes

US Officials Tackle Iran’s Crypto Maneuvers

Tether and Chainalysis Collaborate to Enhance Oversight of Illicit Transactions

Bitcoin Bull Targets Major Altcoins: Anticipation Rises for BTC

Is Ethereum Back? Record 267,000 New Users Spark Speculation

订阅我们免费的电子期刊，获取每日最新加密领域动态！