DOGE Drops 8.4% Amid Meme Coin Market Slump; Key $0.18 Support Level in Focus
Dogecoin (DOGE) experienced a significant price decline over the past 24 hours, with the Binance price dropping 8.40% from a 24h open of $0.19017 to $0.17420. This downward movement is primarily attributed to broader weakness in the meme coin sector, as the overall meme coin market capitalization fell by over 4%, and increased long liquidations added further selling pressure. No recent protocol updates, partnerships, or major events were identified for DOGE in the past week, and technical analysts indicate June 2025 is a critical period for trend determination, with DOGE at risk of further declines if support at $0.18 fails. Market data shows active trading with substantial 24-hour volume, and DOGE maintains a leading market capitalization position despite current volatility.
Shorted $BTC, where everyone was longing it and look at now exact pattern has been followed by #bitcoin , and I don’t know where is gonna be exact bottom, but I can buy where can make profits so I have long bitcoin few minutes ago and I’m 50% up here also I longed $SOL $149, because I saw a very strong support at that area, So, if you’re following me, you can see my tweets are there that I’m not actually being bullish on $BTC the reason because I saw bear flag kind pattern that’s why sure that everyone on Twitter went crazy when James Wayne was in a long position. Everyone thought that yeah, we can go higher but market always respect charts here again said that $BTC alone at 100k that will be a golden golden opportunity to long get seen this conflict around about Trump and Elon musk that has been one of biggest reason for this crash actually, you are made wrong statement. I guess that’s obviously gonna hurt social image of Trump. hope this song go far away because we never Trump. He always wants peace. So yeah, we are expecting some kind of things like that. Jokes apart, actually, I am being kind of bullish from here. I am longing $BTC here
The red circle is buying zone for $BTC
🔥 $USDC Issuer Circle Halted on NYSE Debut as CRCL Triples IPO Price
USDC issuer Circle Internet Group began trading on the New York Stock Exchange and was almost immediately halted its share price more than tripled its $31 IPO.
The company has been trying to go public in 2021, called it off, and then raised $1.1 billion. In the days leading up to CRCL making its debut on the NYSE, there were rumors and then confirmation that its IPO round was oversubscribed.
"Our transformation into being a public company is a significant and powerful milestone," Circle CEO Jeremy Allaire wrote on X, "the world is ready to start upgrading and moving to the internet financial system. "
At the time of writing, USDC, the company's flagship stablecoin, has a $61 billion market cap. Because stablecoins are created as they're bought and burned as they're redeemed, its market cap is often used as a proxy for the number of tokens in circulation.
💬 I am incredibly proud and thrilled to share that @circle is now a public company listed on the New York Stock Exchange under $CRCL!12 years ago we set out to build a company that could help remake the global economic system by re-imagining and re-building it from the ground up… — Jeremy Allaire - jda.eth / jdallaire.sol (@jerallaire) June 5, 2025
"Circle's upsized IPO reflects deepening institutional belief that stablecoins like USDC will play a foundational role in modern finance and is commensurate with USDC's growth into a $64 billion behemoth,"
He added that the appeal of digital dollars, which offer faster settlement and programmability, have become very appealing to traditional firms looking to eke out an edge in global finance.
"The race is on between private issuers and central bank digital currencies, which are not at all popular both in practice and philosophy," he added. "But Circle's momentum shows that market-driven solutions are gaining serious traction."
#USDC
{spot}(USDCUSDT)
$SYN | @Synari_ai seems to have bottomed out around $83K.
This is shaping up to be a strong entry point.
CLI SDK drops in 2 days, the team keeps shipping, and the fundamentals remain solid.
No red flags, just classic sell the news + impatient rotations.
@Synari_ai is building real infrastructure. AI agents that can think, act, and coordinate across Web2 & Web3.
Backed by solid partners like #M87, AnFi, and $ASTRA. $SYN is still tiny, but the vision is massive.
If you missed the first run, this might be your shot. I’m holding, and eyeing a top up.