Market momentum of DOGE, the top meme coin by volume, has recently declined. DOGE has decreased by 3.69% in the last 24 hours and is now trading at $0.1226. Investors are nervous as a result of this noteworthy loss. In addition, DOGE's seven-day price forecast has declined to $0.80, indicating a worrying trend.
DOGE's market volume reached $18 billion for a brief period yesterday, but then dropped to $17.7 billion. The 24-hour trading volume fell precipitously as well, from $784 million to $515 million, indicating a lack of enthusiasm on the part of the market.
Shiba Inu follow suit
Another company that has suffered from the market decline is Shiba Inu (SHIB), which is sometimes referred to as the "DOGE killer." The price of SHIB fell to $0.00001717 over the previous day, a decrease of 3.97%. The value of SHIB decreased by 6.50% in the past week. At the same time, trading volume dropped dramatically from $372.6 million to $208 million, and its market volume dropped to $10.11 billion.
