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Dogecoin and Shiba Inu experienced a sharp decline due to large whale sales, weak trading activity, fading community hype, and broader crypto market weakness.
Recovery is possible if key support levels hold, retail interest returns, and overall market sentiment improve, potentially boosting prices.
Long-term growth is uncertain as both coins lack strong utility, face rising competition from new meme coins, and remain highly dependent on speculation.
A significant downturn in the cryptocurrency market has turned the spotlight on two familiar names. Both Dogecoin and Shiba Inu were severely impacted by large‑scale selling, poor on‑chain data, and fading community enthusiasm. However, history shows that the collapse of meme coins often comes before a rebound. This leads to the most pressing question: Is a recovery ahead?
The crash of meme coins was not an isolated event. Dogecoin suffered when whale wallets holding tens of millions of coins offloaded approximately one billion DOGE in just one week. This triggered a cascade of liquidations below the support near $0.18.
Shiba Inu also dropped to around $0.0000089 as liquidity dried up, trading volume decreased, and network activity slowed. The broader cryptocurrency market also turned bearish. As the dollar index strengthened and major coins slipped, speculative assets like meme coins took the brunt.
Dogecoin lost nearly 17 % in a single week. Large holders sold, support levels broke, and panic followed. Shiba Inu also fell by 12 % over the same time. Its technicals weakened: key moving averages hovered above the price, and momentum indicators pointed down. The reliance on hype and community turned into a weakness once sentiment cooled.
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Despite the bleak near‑term picture, recovery cannot be ruled out. For Dogecoin, the long‑term support zone around $0.15‑$0.17 offers a potential turning point. If buyers emerge and the market sentiment improves, a rebound may follow.
Additionally, Shiba Inu shows a breakout from a descending trendline and an oversold RSI. This gives SHIB a chance for a move toward $0.0000129 if the breakout holds. Retail interest looks weak now, but if it picks up, meme coins could benefit again. Analysts expect stronger moves only if the broader cryptocurrency market rallies first.
The core issue is that both Dogecoin and Shiba Inu lack a strong utility base. They depend mostly on community hype and speculative flows. Without fresh catalysts, they may fall behind other altcoins with real use cases.
New meme coins are also drawing attention and capital away. Whales dumping their holdings can further undermine any uptick, as seen in the scale of Dogecoin’s recent sell‑off.
Also Read – How Low Can Dogecoin Fall in 2025 as Holders Sell?
If market sentiment improves, Dogecoin could reclaim $0.17 and perhaps test the $0.20 level. Shiba Inu might aim for $0.0000129 and beyond if it holds its support.
However, if the general outlook remains weak, both could drift sideways or even decline further. The key is a market‑wide relief rally and renewed interest in meme coins.
The crash of meme coins like Dogecoin and Shiba Inu shows how fragile speculative assets can be without strong fundamentals. However, if sentiment changes and retail flows return, a rebound may happen.
Recovery lies ahead only if broader market conditions improve and the community returns in force. Until then, the path remains uncertain, though the door to a comeback is open.
1. Why did Dogecoin and Shiba Inu crash?
Ans. Dogecoin and Shiba Inu fell due to market volatility, investor profit-taking, and broader crypto downturns. Speculation and social media hype often drive sudden spikes, making sharp corrections more likely when sentiment changes.
2. Will Dogecoin recover soon?
Ans. Dogecoin’s recovery depends on market sentiment, adoption, and crypto trends. While short-term rebounds are possible, long-term growth requires renewed interest from investors, mainstream use cases, and stable market conditions.
3. Is Shiba Inu going to recover?
Ans. Shiba Inu could recover, but it depends on market trends, investor sentiment, and adoption. Short-term volatility is likely, but strong community support and future utility developments may help the token regain value over time.
4. What does Elon Musk say about Dogecoin?
Ans. Elon Musk has often praised Dogecoin on social media, calling it the “people’s crypto.” His tweets and mentions have historically influenced Dogecoin’s price, though they also contribute to sudden volatility and short-term price swings.
5. Will Dogecoin crash to zero?
Ans. Dogecoin crashing to zero is unlikely, given its large market capitalization and active community. However, it remains volatile and speculative, so investors should be cautious and prepared for significant price swings in the crypto market.
