Dogecoin & Shiba Inu Prices Slide But New Meme Coin Dogeverse Has Raised $6.7M

Meme coin mania has hit a speed bump, with Dogecoin and Shiba Inu both seeing pullbacks in the past few days.

While Dogecoin supporters remain passionate on social media, the price action is clearly telling a different story. But if the selling persists, SHIB could be on track to post its third straight bearish weekly candle – much like Dogecoin.Some analysts point to a potential bear flag formation on the daily timeframe.

Instead, it will launch on multiple Layer-1 chains like Ethereum, Binance Chain, Solana, and Polygon.

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