Dogecoin and Shiba Inu see mixed performance with recent gains but monthly declines.
Floki and PEPE show high bearish volatility with recent performance, though they maintain a massive annual increase.
Many analysts remain bullish on these meme coins despite recent price performance
The meme coin market has been on a wild ride lately, with Dogecoin (DOGE), Shiba Inu (SHIB), Floki (FLOKI), and Pepe (PEPE) experiencing significant price swings. While some have managed to maintain moderate gains in recent days, others are facing steep declines.
Dogecoin and Shiba Inu, the two largest meme coins by market capitalization, have seen moderate price movements in recent months. Over the last 24 hours, Dogecoin rose by 1.9%, currently trading at $0.09697. This gain has been sustained over the past week, with a similar percentage growth.
However, Dogecoin experienced a 6.6% drop over the past month. Yet, over the past year, it has gained 53.1%, reflecting a mixed performance in both the short and long term.
Shiba Inu has displayed a pattern similar to that of Dogecoin. SHIB’s price increased by 1.3% in the last 24 hours and is currently trading at $0.00001309. How…
The post Meme Coin Meltdown: Are Dogecoin, Shiba Inu, FLOKI, and PEPE Doomed? appeared first on Coin Edition.
