Meme cryptocurrencies struggle amid broader market stagnation, with DOGE and SHIB failing to capitalize on improved sentiment.
Dogecoin (DOGE) declined toward $0.072 on Monday, underperforming broader crypto markets despite a modest recovery in sentiment. Shiba Inu (SHIB) remained relatively stable, trading near $0.0000042, consolidating recent gains.
The cryptocurrency market showed limited momentum, with major assets failing to extend weekend rallies. Prior sessions saw SHIB outperform DOGE, though both tokens lagged behind larger-cap peers like Bitcoin and Ethereum.
No immediate market reaction was observed beyond the price movements, as traders await clearer directional cues.