Cryptocurrencies Down The Most From All Time Highs, And No, It's Not DOGE Or SHIB

The recent plunge experienced in the cryptocurrency market has caused billions of dollars to flow out of the sector. As a result, the majority of cryptocurrencies are at a fraction of their values at all-time highs.

Timeline of Dogecoin, Shiba-inu

Dogecoin price analysis shows price on the up once again after touching the lowest point in a year at $0.049. DOGE price has been struggling to consolidate meaningful momentum since the start of June 2022, with price initially stuck horizontally around the $0.081 mark, before declining down to the current resistance at $0.063.

With the overall cryptocurrency market going through a bumpy ride, Shiba Inu (CRYPTO: SHIB) has not been able to show any signs of growth over the last couple of months.  The meme coin is now at its 10-month low and showing no improvement.

Shiba Inu price analysis displays partial bearish movement in the market, and the market moves towards a somewhat upward direction, raising the price of SHIB. After that, however, the cost of SHIB experienced an increment and reached $0.00000778, from $0.00000718; on June 18, 2022, SHIB/USD gained further momentum and obtained a further increasing movement the following.

Tesla boss and billionaire Elon Musk has taken to social media to reiterate his support for meme coin, Dogecoin. In his latest post, the SpaceX CEO noted objectively that he would keep giving the token his much-needed support anytime.

Dogecoin (DOGE) exchange rate fell further to the low of $0.05 on June 13. Bears broke below the previous low of $0.06 while bulls bought the dips. After the recent drop on June 13, the bulls stopped the further decline. Last week, the altcoin fluctuated between $0.050 and $0.063.

Elon Musk's support for DOGE is only getting stronger after receiving a $258 billion class-action lawsuit, as he remains unshaken by the allegations that he took part in a crypto pyramid scheme involving Dogecoin so let's read more today in our latest DOGE news. Elon Musk's support for DOGE grows bigger and even tweeted that

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has again shown his support for Dogecoin (CRYPTO: DOGE). On Sunday, he went on Twitter to endorse Dogecoin, following the meme coin's price plunge in the last few days.

The lawsuit alleges that Musk's consistent messaging that he was a fan of the cryptocurrency led directly to its price spike, and when market conditions changed, investors lost out. The post Musk tweets that he will keep supporting Dogecoin, in spite of lawsuit appeared first on The Block.

On Sunday (June 19), Tesla and Space X CEO Elon Musk voiced his support for popular meme-based cryptocurrency Dogecoin, helping to become the top percentage gainer amongst the top 10 cryptoassets in the past 24 hours. Dogecoin was initially released on 6 December 2013, as a “fun and friendly internet currency.” It was created by Billy Markus and

Dogecoin (CRYPTO: DOGE) was plunging 11% lower during Saturday's 24-hour trading session, which Benzinga called out as the most likely scenario on Friday due to a bearish lean on the crypto's inside bar pattern. The Shiba Inu-themed crypto fell below the important psychological support level at 5 cents on Saturday, and future price action could become even more grim.