Dogecoin Down 6%, Shiba Inu Slumps 8%: What Is Going On?

Benzinga01-08

Dogecoin DOGE/USD and Shiba Inu SHIB/USD are falling on Tuesday, as Bitcoin finds itself trading back below $98,000. CryptocurrencyPrice Market Cap24-Hour Trend7-Day TrendDogecoin DOGE/USD $0.3669$...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2501478702?lang=en_US&edition=fundamental","thumbnail":"https://www.benzinga.com/files/images/story/2025/01/07/Dogecoin-and-Shiba-Inu.jpeg","is_english":true,"pubTime":"2025-01-08 01:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2501478702","market":"us","top_or_hot":-1,"title":"Dogecoin Down 6%, Shiba Inu Slumps 8%: What Is Going On?","media":"Benzinga","content":"<div>\n<p>Dogecoin DOGE/USD and Shiba Inu SHIB/USD are falling on Tuesday, as Bitcoin finds itself trading back below $98,000.\nCryptocurrencyPrice   Market Cap24-Hour Trend7-Day TrendDogecoin DOGE/USD $0.3669$...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/25/01/42855602/dogecoin-down-6-shiba-inu-slumps-8-what-is-going-on\">Source Link</a>\n\n</div>\n","source":"Benzinga","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dogecoin Down 6%, Shiba Inu Slumps 8%: What Is Going On?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDogecoin Down 6%, Shiba Inu Slumps 8%: What Is Going On?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-08 01:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/25/01/42855602/dogecoin-down-6-shiba-inu-slumps-8-what-is-going-on><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dogecoin DOGE/USD and Shiba Inu SHIB/USD are falling on Tuesday, as Bitcoin finds itself trading back below $98,000.\nCryptocurrencyPrice   Market Cap24-Hour Trend7-Day TrendDogecoin DOGE/USD $0.3669$...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/25/01/42855602/dogecoin-down-6-shiba-inu-slumps-8-what-is-going-on\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.benzinga.com/markets/cryptocurrency/25/01/42855602/dogecoin-down-6-shiba-inu-slumps-8-what-is-going-on","article_id":"2501478702","we_media_id":null,"thumbnails":["https://www.benzinga.com/files/images/story/2025/01/07/Dogecoin-and-Shiba-Inu.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501478702","pubTimestamp":1736270062,"columns":[],"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are falling on Tuesday, as Bitcoin finds itself trading ","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"狗狗币下跌6%，柴犬下跌8%：这是怎么回事？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RSI":1},"content_text":"Dogecoin DOGE/USD and Shiba Inu SHIB/USD are falling on Tuesday, as Bitcoin finds itself trading back below $98,000.\nCryptocurrencyPrice   Market Cap24-Hour Trend7-Day TrendDogecoin DOGE/USD $0.3669$54.12 billion-5.8%+12.9%Shiba Inu SHIB/USD $0.00002253$13.3 billion -7.9%  +3.9% Pepe PEPE/USD $0.00001906  $8 billion-9.8% -10.4% \nTrader Notes: Crypto chart analyst Ali Martinez flagged a sell signal on DOGE’s daily chart, predicting a potential price correction.\n\nThe 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\n\nMore Crypto Online sees Dogecoin having dipped below upper micro support.\nA drop to $0.30 is possible before a potential rally, which could present a buying opportunity.\nBenzinga's technical analysis shows SHIB's Relative Strength Index (RSI) at 66.6, signaling strong bullish momentum but approaching overbought territory. \nAn RSI near 70 often hints at a possible correction as upward pressure wanes.\nStatistics: 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.\n Around 51% SHIB holders are in profit, 43% are underwater.\nShibariumscan data shows Shiba Inu's Layer-2 network maintaining over 4.7 million daily transactions since early 2025.\n Shibburn reports a significant burn of 21.09 million SHIB in a single transaction.\nCommunity News: Whale Alert data shows 1.64 trillion SHIB, worth $39 million, transferred from Crypto.Com to an unknown wallet. \nA 70.08 million DOGE transfer, worth $27 million, was initiated on Jan. 7 by a mysterious whale from an unknown blockchain address. \nThe Shiba Inu community announced the impending launch of the TREAT token on Jan.14, promising to revolutionize the SHIB ecosystem. \nRead Next: \n\nDogecoin, Shiba Inu Redefine Meme Coin Phenomenon That ‘Extends Beyond Mere Speculation’: Report\n\nImage: Shutterstock $SHIBShiba Inu$0.000023-6.44%WatchlistOverview$BTCBitcoin$97392.33-4.78%$DOGEDogecoin$0.3658-5.76%$PEPEPepe$0.000019-8.37%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2501478702"}