Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), struggle to regain strength as the broader cryptocurrency market recovers. Derivatives data reveals fresh retail demand as Open Interest of DOGE, SHIB, and PEPE futures surge.
Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), are facing intense selling pressure as the broader cryptocurrency market sentiment shifts bearish.
Dogecoin (DOGE) price is stabilizing around $0.19 on Thursday, having corrected nearly 5% so far this week. On-chain data shows notable whale accumulation, hinting at a possible recovery in the days ahead.