Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) suffered double-digit losses overnight as Bitcoin (CRYPTO: BTC) briefly slumped to $92,000.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Dogecoin (CRYPTO: DOGE) | $0.2571 | $38 billion | -12.6% | -17.6% |
Shiba Inu (CRYPTO: SHIB) | $0.00001484 | $8.7 billion | -13.5% | -16.8% |
PEPE (CRYPTO: PEPE) | $0.059745 | $4.09 billion | -19.2% | -21.4% |
Trade Notes: Crypto trader Tardigrade reassured that DOGE’s pullback is part of a macro cycle.
In 2016, DOGE retraced 59.8% before a 9,221% rally, and in 2020, it lost 56.2% ahead of a 30,693% surge. “When in doubt, check the macro chart,” he advised.
Full story available on Benzinga.com