Solana, Shiba Inu, Dogecoin take front stage as Crypto.com launches new trading pairs

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SOL-USDT Perpetual Futures 1-day price chart
Shiba-Inu-themed meme coins SHIB and DOGE are ready for a comeback after double-digit losses over the past week. Whales have continued accumulating SHIB, and currently hold $163 million worth of Shiba Inu in their portfolio. A spike in whale activity and large value transactions worth $100,000 or more coincides with Shiba Inu and Dogecoin local tops. Therefore, proponents anticipate a recovery in SHIB and DOGE.
Analysts at UToday argue that Shiba Inu is at a make-or-break point at $0.00001294. Shiba Inu’s next move could determine if the meme coin triggers either an uptrend or a downtrend.

SHIB-USDT price chart

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Bitcoin price is staggering between a rock and a hard place a couple of days after it abandoned the mission to close the gap to $28,000.
Ethereum price remains a beta asset relative to Bitcoin price as it has dropped nearly 8% over the last twelve hours while BTC has slid roughly 4%.
Chainlink (LINK) price is on a rollercoaster move after a very choppy weekend where LINK price looked able to pair back some incurred losses from last week.
Polygon (MATIC) price is on the back foot this morning as equities are taking a step back. Both equity futures in the ASIA PAC session and the handover, the EU and US futures are all pointing to a red painted day, with the VIX index higher.
A period of controlled selling has kick-started and is currently approaching short-term support levels. A minor relief rally might occur – before the next leg down to inefficiencies and liquidity. The current down move has broken significant levels that could trigger a massive sell-off in the future.
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