$USDC Let's start with any speculative meme cryptocurrency investment you still have in your portfolio, such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Even after a significant surge in meme cryptocurrencies over the past 30 days, these two cryptocurrencies are still down sharply this year. Dogecoin is down 25%, while Shiba Inu is down 22%.
Many investors may remember these two meme coins as standout currencies during the most recent cryptocurrency bull run of 2020-21. Therefore, investors may not be ready to sell them just yet, believing they will recover "at any moment."