Dogecoin Eyes $2 While Shiba Inu Burn Rate Surges 1,151%—Is a Rally Coming?

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) continue to trade sideways, but traders maintain that more upside is still to come for the underperforming meme coins.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
Dogecoin (CRYPTO: DOGE)  $0.2538 $37.6 billion +2.9%  -22.2% 
Shiba Inu (CRYPTO: SHIB)  $0.0000154 $9.07 billion +2.6%  -18% 
Pepe (CRYPTO: PEPE)  $0.059434 $3.9 billion +1.2%  -31.8% 

Trader Notes: Trader Tardigrade highlighted that Dogecoin’s past rebounds followed over 50% corrections, with the latest dip at -58.25% mirroring previous breakout patterns. He still predicts Dogecoin to reach $2.

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