As 2026 begins, the cryptocurrency market is experiencing a notable upswing, with most major cryptocurrencies showing gains. However, there are concerns that this rally may not last, particularly for Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), which are both up over 15% but are considered fundamentally worthless. Their high market caps are attributed to large circulating supplies, leading to predictions of potential declines of 50% or more. Investors are cautioned about the instability of these meme coins amidst the overall market resurgence.
Want More Context? 🔎
Loading PerspectiveSplit analysis...
