Dogecoin and Shiba Inu Slip as Memecoin Rally Eases. A Big Drop Could Come Next.

“Meme” cryptocurrencies

Dogecoin


and

Shiba Inu


fell on Wednesday as a wild rally appeared to ease. Between a major decision looming from the Federal Reserve and leverage remaining in the market, both tokens could be in for another big swing.


Dogecoin has dropped 17% since Tuesday, which saw the peak of its weeklong rally, with Shiba Inu tailing behind, down 7% over the past 24 hours.