Recent shifts in the cryptocurrency market indicate that meme coins SHIB and DOGE are losing traction, with investor focus moving towards new projects like Nexchain and Solaxy.
Nexchain: AI-Powered Innovation
Nexchain is the first completely AI-built blockchain in the world, integrating decentralized security measures and technological advancements.
Investors view NEX as a platform with long-term relevance and trust. The project has raised over $5.8 million in its presale, which is currently in stage 21.
SHIB's Market Status
SHIB has dropped to 19th place in the market after hitting a two-month low. If current market conditions persist, SHIB could dip to the $0.00001030 support level. The coin has lost 12.6% of its value in recent days.
DOGE: Continued Downtrend
Dogecoin (DOGE) continues its decline, falling 1.5% to $0.17, marking the fifth consecutive day of losses. While the cryptocurrency found support at the $0.164 level, overall trading activity has decreased amid expectations for clearer market signals.
As meme coins face challenges, projects like Nexchain and Solaxy offer potential interest for investors seeking real opportunities in the cryptocurrency space.
