Dogecoin and shiba inu test lower levels after key support gives way

The decline in ether contributed to the selling pressure on meme coins, as traders often use ETH as a risk gauge for altcoins. What to know : Dogecoin and Shiba Inu fell below key technical levels amid increased selling pressure, highlighting weakness in the meme coin segment. The decline in ether contributed to the selling pressure on meme coins, as traders often use ETH as a risk gauge for altcoins. Broader crypto markets remained stable, indicating that the weakness was specific to speculative assets rather than a market-wide trend.(Coindesk)