🤔𝐖𝐡𝐚𝐭’𝐬 𝐆𝐨𝐢𝐧𝐠 𝐎𝐧 𝐖𝐢𝐭𝐡 𝐃𝐨𝐠𝐞𝐜𝐨𝐢𝐧 𝐚𝐧𝐝 𝐒𝐡𝐢𝐛𝐚 𝐈𝐧𝐮❓

Dogecoin (DOGE) and Shiba Inu (SHIB), two of the most prominent meme-based cryptocurrencies, continue to evolve amid a volatile crypto landscape.

Dogecoin (DOGE)

Currently trading at $0.16 (+3.37% in 24h), DOGE has seen notable ecosystem developments:

Institutional Interest: 21Shares launched a DOGE ETP in Europe and filed for a U.S. ETF, signaling growing institutional traction.

Community Activity: The Dogecoin community remains engaged, highlighted by playful market commentary and active social media presence.

Whale Movements: A notable 478 million DOGE ($72.98M) transaction has sparked speculation.

Technical Outlook: DOGE is approaching key resistance at $0.17; a break above could target $0.20, while support lies at $0.14.

Shiba Inu (SHIB)

Priced around $0.000012 (+3.70% in 24h), SHIB is focusing on long-term sustainability:

Token Burns: A 1,944% surge in burn rate over 24 hours (17.5M tokens burned) highlights efforts to reduce supply.

Ecosystem Growth: Shibarium’s Layer-2 development continues, aimed at boosting transaction efficiency and utility.

Leadership Update: Lead developer Shytoshi Kusama’s return has energized the community.

Technical Outlook: SHIB is testing resistance at $0.000012, with potential to climb to $0.000016; support is seen at $0.00001150.

Investor Outlook

While some investors are shifting toward utility-driven tokens, both DOGE and SHIB maintain strong community support and are actively building their ecosystems.

Source :Bitcoinist.com

#CryptoTrends #MemeCoinWatch #TrumpVsPowell #BinanceAlphaAlert