What’s Next for Dogecoin, Shiba Inu, and Pepe Coin as Bitcoin Falls Below $70,000?

Jakarta, Pintu News – The prices of Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe Coin (PEPE) experienced a sharp decline after Bitcoin (BTC) plummeted below the $70,000 level. The market capitalization of meme coins dropped to $33.5 billion, recording a 10.7% decline in the last 24 hours.

Dogecoin’s price dipped below $0.10 as it continued to experience pressure from the downward trend. Meanwhile, the price of Shiba Inu fell by 8%, and Pepe Coin plummeted by 17% in the past week. These declines are in line with the massive sell-off in the overall crypto market, which shrank by 8.13% to $2.3 trillion.

This was triggered by macroeconomic factors, which have caused Bitcoin to lose nearly $2 trillion in value since its high last October. Currently, Bitcoin price has returned to levels unseen since its record high in 2021.

Dogecoin price drops below $0.10 amid Bitcoin sell-off

Dogecoin’s price now stands at $0.0949 after breaking the psychological barrier of $0.10, reflecting the overall weakness in the crypto market.

Read also: Dogecoin Price Drops 11% Today As DOGE Active Addresses Jump 36%

The cryptocurrency follows Bitcoin’s 8.16% drop, which led to the liquidation of over $840 million across the crypto market. This massive sell-off pushed Dogecoin to a very precarious state, where it is testing the crucial support level of $0.10.

As the derivatives market weakened, open interest in Dogecoin futures contracts fell to $1.06 billion, from $1.27 billion previously.

If Dogecoin is able to hold above the $0.09 price, there is a possibility of a recovery. However, to reverse the bearish trend in the long term, Dogecoin needs to break and hold above the $0.10 level.

Shiba Inu Price Drops 9%: Key Support Levels in the Spotlight

The price of Shiba Inu has decreased by 9.30% in the last 24 hours and now stands at $0.00000592. The token burn rate ($SHIB) has also decreased by 19.50%, with a total of 1,453,488 SHIB being burned. Currently, SHIB is testing an important support level at $0.0000063.

If the price of Shiba Inu is able to hold above this level, there is a chance for a recovery towards the $0.0000069 range. However, if the price drops deeper past this support, it could indicate a further decline to the next area of support, especially amidst the continued weakness in the crypto market.

Read also: Shiba Inu Price Approaches Historic Support, Rebound Signals Begin to Emerge

Pepe Coin Tests Important Support After Sharp Decline

Pepe Coin’s price dropped by 10% in the last 24 hours and is now at $0.00000365. Currently, the meme coin is moving flat around a major resistance area after several failed attempts to break upwards.

Despite attempts to bounce back, prices are still under pressure and are forming a triangle pattern that indicates directional uncertainty. In the past month, Pepe has fallen 41% and is now near its yearly low.

The coin is going through a correction phase after two weeks of massive sell-off. If Bitcoin is able to find support around $66,000, Pepe has a chance to recover towards $0.000004. However, if the selling pressure continues, the price could test a new low around $0.0000035.

How will Dogecoin, Shiba Inu, and Pepe Coin fare next?

The direction in which the Dogecoin, Shiba Inu, and Pepe Coin prices move depends largely on general market conditions and Bitcoin’s performance. If the price of Bitcoin stabilizes, these meme coins have a chance to recover. On the other hand, if selling pressure persists, additional downside could push their prices below important support levels.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Dogecoin, Shiba Inu, and Pepe Coin Price Prediction as Bitcoin Crashes Below $70K. Accessed on February 6, 2026