Crypto Market Turmoil Affects Meme Coins: Price Predictions for DOGE, SHIB, and PEPE

The cryptocurrency market has been hit hard by the recent drop in Bitcoin's value, with many digital assets experiencing a decline in value. Among the affected are top meme coins such as Dogecoin, Shiba Inu, and Pepe Coin.

Dogecoin (DOGE) has seen its price decrease by 0.74% over the past 24 hours, trading at around $0.0966. However, analysts predict that if DOGE prices can hold above $0.095, there may be a chance for stabilization and a potential rebound to the $0.12 to $0.15 area in the near term.

Shiba Inu (SHIB), on the other hand, has dropped 1.53% in the last 24 hours, with its price now approaching an important technical support area. If SHIB can hold above $0.00000590, there may be a rebound opportunity to the $0.0000066 resistance.

Pepe Coin (PEPE), however, has seen a 2% price increase in the last 24 hours, despite the general decline in the meme coin sector. This surge is attributed to short-term buying interest from investors.