Markets, that grand ballet of numbers and nerves, have once again revealed their penchant for the dramatic. Behold, the meme coins, those frolicsome creatures of the digital realm, are languishing like forgotten toys in the attic of the crypto world. 
What to know:
- Dogecoin and Shiba Inu, those once-barking hounds of speculation, now whimper in the corner, underperforming like students who’ve forgotten their homework. 🏫📉
- Despite the whales-those leviathans of the crypto sea-accumulating with the fervor of a hoarder, both DOGE and SHIB face selling pressure. Unless, of course, they reclaim their technical levels, a feat as likely as a cat fetching the newspaper. 🐱📰
- Regulatory developments for SHIB? Oh, how quaint. They’ve done as much for its price as a band-aid does for a bullet wound. 🩹💥
On Tuesday, these poor creatures moved lower in tandem, their tails between their legs, as if they’d been caught chewing on the furniture. Rising volume and tightening chart structures-those harbingers of doom-outweighed any signs of accumulation by larger holders. A tragedy, or perhaps a comedy of errors? 🤡📉
News background
- Meme coins, those higher-beta darlings, are now the wallflowers at the crypto prom, as traders rotate away from them like last season’s fashion. 👗💨
- Ether, that stalwart of the crypto world, holds firm, while DOGE and SHIB continue to lag, their performance gap widening like a yawn at a boring lecture. 😴📊
- Shiba Inu, despite its incremental improvements, remains the underdog in this race. Coinbase’s launch of regulated SHIB futures? A mere ripple in the ocean of technical factors. 🌊📉
Technical analysis
- Dogecoin, that once-mighty mutt, fell 3.3% from $0.1302 to $0.1262, its chart a descending triangle of despair. Trading volume rose, but only to highlight the active repositioning of traders fleeing like rats from a sinking ship. 🐀🚢
- Shiba Inu, not to be outdone, displayed a similar profile, tracking DOGE lower with the loyalty of a lapdog. Volume picked up during declines, suggesting sector-wide distribution-or, as I like to call it, a mass exodus. 🏃💨
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2025-12-18 17:23