Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are falling on Tuesday, as Bitcoin finds itself trading back below $98,000.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Dogecoin (CRYPTO: DOGE) | $0.3669 | $54.12 billion | -5.8% | +12.9% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002253 | $13.3 billion | -7.9% | +3.9% |
| Pepe (CRYPTO: PEPE) | $0.00001906 | $8 billion | -9.8% | -10.4% |
Trader Notes: Crypto chart analyst Ali Martinez flagged a sell signal on DOGE's daily chart, predicting a potential price correction.
The TD Sequential indicator presents a sell signal on the #Dogecoin $DOGE daily chart, anticipating a price correction. pic.twitter.com/Demqi8xZ2w
— Ali (@ali_charts) January 7, 2025
More Crypto Online sees Dogecoin having dipped below upper micro support.
A drop to $0.30 is possible before a potential rally, which could present a buying opportunity.
Benzinga's technical analysis shows SHIB's Relative Strength Index (RSI) at 66.6, signaling strong bullish momentum but approaching overbought territory.
An RSI near 70 often hints at a possible correction as upward pressure wanes.
Statistics: IntoTheBlock data shows Shiba Inu large transaction volume spiking by 37.3% and transactions greater than $100,000 having increased from 82 to 113 in a single day.
Around 51% SHIB holders are in profit, 43% are underwater.
Shibariumscan data shows Shiba Inu's Layer-2 network maintaining over 4.7 million daily transactions since early 2025.
Shibburn reports a significant burn of 21.09 million SHIB in a single transaction.
Community News: Whale Alert data shows 1.64 trillion SHIB, worth $39 million, transferred from Crypto.Com to an unknown wallet.
A 70.08 million DOGE transfer, worth $27 million, was initiated on Jan. 7 by a mysterious whale from an unknown blockchain address.
The Shiba Inu community announced the impending launch of the TREAT token on Jan.14, promising to revolutionize the SHIB ecosystem.
- Dogecoin, Shiba Inu Redefine Meme Coin Phenomenon That 'Extends Beyond Mere Speculation': Report
Image: Shutterstock
