Dogecoin, Shiba Inu, and Pepe Coin, the Three Most Powerful Memes, Have Had Massive Dips in December

The main reason for the underperformance was Bitcoin's fall to $95,050 at one point on Tuesday. Economic concerns and traders' profit-taking also contributed to the dip.

Dogecoin, Shiba Inu and Pepe Coin, three of the most powerful memes, suffered massive dips in December.

The main reason for the underperformance was Bitcoin’s 24-hour drop to $95,050 on Tuesday. Economic concerns and traders’ profit-taking also contributed to the dip. After the FED announced controlled interest rate cuts in 2025, the meme coin market became the biggest loser.

But not everything is gloomy. Despite the market underperformance, new memes like Wall Street Pepe and Solaxy are performing well in their presales. They look ready to bring explosive gains despite unfavorable market conditions.

Here is more.

Dogecoin, Shiba Inu and Pepe Coin are the biggest losers in December

According to CoinMarketCap data, $DOGE is down by 18% in the last 24 hours. The next support level for $DOGE is $0.32. If it manages to go past that, $DOGE could test the $0.38 level. But since it went below $0.31, Dogecoin could experience further losses, dipping towards $0.27.

Dogecoin’s dip coincided with significant outflows, particularly on Binance. It all started when the meme coin market experienced a massive sell-off, with $29 million of Dogecoin wiped out. The data suggests a massive selling pressure with negative net flows on almost all major exchanges.

Dogecoin’s biggest competitor, Shiba Inu has also dipped. $SHIB declined 23.3% in one day. The meme coin continued with the losses, trading down by an additional 15.77% in the last 24 hours.

Data suggests that this meme coin is now trading towards the lower trendline. The RSI is neutral at 51.68, showing that $SHIB has space to retest lower levels. If the crypto manages to pull back, it could retest $0.00003400 and potentially break out.

However, Pepe Coin shows signs of a potential short-term recovery. The 50-period exponential moving average (EMA) is currently near $0.00002165. These levels are crucial for $PEPE’s recovery. This meme coin could continue its long-term bullish bias if it returns from the $0.00001097 level. But if it fails to do so, more losses could be on the way.

But here’s a thing. None of these meme coins are a good investment option. Choosing Dogecoin, Shiba Inu, or even Pepe is a missed chance. Other new memes are gaining ground and showing potential to bring explosive gains to investors.

And while Dogecoin, Shiba Inu and Pepe Coin are not showing signs of recovery, Wall Street Pepe and Solaxy show potential to bring 10x to 100x returns to investors. Here is more about them.

Wall Street Pepe: The best Pepe Coin alternative

Wall Street Pepe is the latest meme coin addition to the world of Pepe memes. The project combines the meme with Wall Street trading tactics and focuses on smaller traders, helping them succeed in the market.

Wall Street Pepe provides resources for them to beat whales and become wealthy. The resources include:

Because of these unique features, Wall Street Pepe is rumored to be the first Pepe-based meme coin on Binance. The project has raised over $32 million in less than a month of its presale, breaking the record as the fastest-selling ICO. The presale numbers led investors to compare $WEPE with Pepe Unchained. To remind you, Pepe Unchained raised over $70 million in its presale and exploded by over 400% with the first exchange listings.

This new meme could be the next 100x meme coin, so if you want to invest, hurry and buy $WEPE before the upcoming price increase.

>>>Buy Wall Street Pepe now<<<

Solaxy: The first ever Solana Layer 2 meme coin

Solaxy could be the best new Solana meme coin ICO. The project combines two most powerful blockchains: Ethereum and Solana, aiming to neutralize Solana’s pain points. Solaxy is building a blockchain that will be scalable and without failed transactions or network congestion. At the same time, the blockchain will be lightning-fast and with low fees.

This new meme coin bridges the gap between Ethereum’s DeFi and asset tokenization ecosystem and the Solana blockchain. Because of its scalability, Solaxy is the perfect blockchain for all meme coin traders. The blockchain supports high-volume trading, putting the power of sniper bots into the hands of everyday traders.

This new meme benefits developers and makes it easy for them to build, deploy, and interact with decentralized apps. Investors also receive passive income from Solaxy. They can stake their $SOLX coins for an APY of 1105