US Senators Probe Trump's Meme Coin Conference Impact on DOGE, SHIB, and PEPE

The cryptocurrency market has been experiencing a decline in demand due to falling prices across the broader market. As a result, meme coins like Dogecoin ($DOGE), Shiba Inu ($SHIB), and Pepe Coin ($PEPE) have been under bearish pressure.

However, the situation may become even more volatile with the recent launch of an investigation by several US Senators into President Trump's upcoming meme coin conference at Mar-a-Lago. The senators' probe is likely to bring increased scrutiny to the meme coin market and its potential connections to the Trump administration.

The price forecast for these coins could be affected by the outcome of the investigation, which may lead to a further decline in prices or even a surge in demand if investors become more confident in the legitimacy and value of these cryptocurrencies. As the market continues to navigate this uncertainty, it remains to be seen how the price of DOGE, SHIB, and PEPE will be impacted.