Home > Information news > Bitcoin (BTC) Surpasses $64K: Analyzing the Ripple Effect on Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB)

Bitcoin (BTC) Surpasses $64K: Analyzing the Ripple Effect on Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB)

Release: 2024/05/08 03:17 Reading: 412

Original author:CO NEWS

Original source:https://coinmarketcap.com/community/articles/663a6e6c6f14af6aad7a697a

Bitcoin (BTC) Surpasses $64K: Analyzing the Ripple Effect on Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB)

Memecoin Market Faces Significant Downturn

Before you continue reading, discover new cryptocurrencies that could emulate the success of PEPE! Click here to explore potential opportunities.

The memecoin market, dominated by DOGE, SHIB, and PEPE, has experienced a substantial decline. Technical analysis indicates the possibility of further setbacks for the altcoin market. However, despite the current downturn, projections suggest a potential recovery for SHIB should bullish momentum prevail.

Downturn in Memecoin Market

The memecoin market has endured a notable downturn, with DOGE, SHIB, and PEPE leading the decline. Despite the bearish trend, there are projections of a potential recovery for SHIB.

Significant Downturn in Memecoin Market

The cryptocurrency market has experienced significant fluctuations recently, with meme coins experiencing a notable downturn. These whimsically themed cryptocurrencies... [Read the full article for FREE at COINOTAG!](https://en.coinotag.com/bitcoin-btc-surpasses-64k-analyzing-the-ripple-effect-on-memecoins-dogecoin-doge-and-shiba-inu-shib/)

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.