Dogecoin and Shiba Inu, popular memecoins, saw modest declines on December 27, 2025, as thin holiday liquidity and broader market caution weighed on their prices. Both tokens struggled to maintain rebounds amid fading bitcoin momentum and persistent ether weakness. Traders focused on key technical levels amid limited headline-driven activity.
The cryptocurrency market entered a subdued phase toward the end of 2025, with memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) reflecting the overall risk aversion. DOGE traded down to $0.123 after slipping from $0.1258 over the past 24 hours, while SHIB fell to $0.000007165 following a break below its recent support floor.
This price action unfolded against a backdrop of choppy large-cap crypto performance. Bitcoin's rebound efforts lost steam during U.S. trading hours, failing to provide lift to speculative assets. Ether's heavy performance further dampened sentiment, directing flows toward caution in riskier sectors. Holiday periods amplified these dynamics, as reduced liquidity exaggerated moves around established technical thresholds.
For DOGE, the token remained confined to a narrowing consolidation range with a bearish tilt. It faced repeated rejections near the $0.1260–$0.1264 supply zone, backed by high-volume selling. The critical demand area lies between $0.1208 and $0.1220; maintaining above $0.122 could stabilize sideways trading, but a breach risks deeper drops toward $0.1180 or $0.1150. Upside potential would require surpassing $0.1264, with $0.133 signaling a trend reversal.
SHIB's position appeared more precarious. It breached the $0.00000717–$0.00000718 level, confirming a downward channel pattern. Selling picked up as it descended from the $0.00000722–$0.00000725 resistance toward potential support at $0.000007145. A failure here could push it to $0.00000707, while recovery hinges on reclaiming the broken floor.
Trading volume for DOGE rose 11.5% above its seven-day average, indicating active defense at key points rather than broad accumulation. Overall, the memecoin sector showed fragility, with DOGE holding its range's lower end and SHIB probing for new floors. Observers noted that sustained bitcoin strength and ether recovery would be needed to halt the bleeding, though repeated failed bounces could invite further pressure.