Overview
- Dogecoin trades near $0.163 with its market value down to about $24.7 billion after a seven‑day drop of roughly 17%, while Shiba Inu hovers near multi‑month lows around $0.0000089.
- On-chain trackers report wallets holding 10–100 million DOGE offloaded about 1 billion tokens in a week, with trading volumes spiking as distribution accelerated.
- Charts show DOGE has broken a multi‑week triangle and sits below the 20, 50, 100 and 200‑day EMAs, with $0.15 flagged as key support and analysts cautioning downside toward $0.13–$0.10 if that level fails.
- Shibburn data shows SHIB’s burn rate jumped 674% with roughly 12.15 million tokens removed in 24 hours, yet sliding Shibarium activity near 1,500 daily transactions and weak liquidity have capped price response.
- Reports that Bitwise and Grayscale are advancing Dogecoin ETFs under automatic‑listing rules have not lifted demand, and brief market rebounds to roughly $0.17 have faded quickly.