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Dogecoin and Shiba Inu Bounce: Are Meme Coins Ready for a Comeback?

02-03-2026 12:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Minotaurus

/ PR Agency: Phoenix Agency
Dogecoin and Shiba Inu Bounce: Are Meme Coins Ready for

Dogecoin is back in the spotlight after a notable 4.83% rebound over the past 24 hours, despite the broader crypto market still trapped in "Extreme Fear."

Meanwhile, Shiba Inu holders are eyeing current lows as a rare opportunity to build positions before a potential rally. We take a closer look at what's driving these moves-and why we're also watching Minotaurus (MTAUR) (http://minotaurus.io/insight/81ae6a338d98a86071e0) as an exciting diversification option.

Dogecoin Finds Its Footing at Key Support

Dogecoin's recent rebound came after dipping to the critical $0.10 support level. This "make-or-break" zone has historically acted as a magnet for buyers, and this time was no different. With sellers temporarily exhausted, short-term buying pushed DOGE higher, now testing a pivot point at $0.10588.

What this means for us: A successful defense at this level reduces immediate downside risk and could encourage holders to cover short positions, providing the liquidity needed for a short-term bounce.

Yet, DOGE remains within a longer-term downtrend, so we're watching closely to see if it can sustain momentum above $0.105 and challenge resistance near $0.12.

Market-Wide Relief Rally Boosts DOGE

The broader crypto market, led by Bitcoin's rebound from a 2026 low of $74,508, fueled a relief rally across altcoins. Dogecoin, as a high-beta meme coin, often amplifies these moves. The Crypto Fear & Greed Index sits at 17, "Extreme Fear", historically a signal that pessimism may be overdone and a bounce is likely.

What this means for us: Even though the market is cautious, the short-term optimism sparked by Bitcoin's lift provided DOGE with momentum to rally. Analysts looking for quick gains often view such oversold conditions as prime opportunities.

Shiba Inu: Accumulation Opportunity Amid Decline

Shiba Inu continues its prolonged downturn, near $0.000006846. Despite the drop, some holders see this as a chance to accumulate hundreds of millions of tokens at a discount, hoping for a rebound toward $0.00005.

What this means for us: A 500 million SHIB position, which cost roughly $5,000 earlier this year, is now available for about $3,423. If SHIB reaches $0.00005, that same position could grow to more than $25,000, offering a potential ROI of over $21,500.

While the timeline for such a rally remains uncertain, the low entry price makes SHIB an appealing speculative play for those willing to wait.

Diversifying with Minotaurus (MTAUR)

While DOGE and SHIB offer potential gains, we're also exploring early-stage opportunities like Minotaurus (MTAUR) (http://minotaurus.io/insight/81ae6a338d98a86071e0). This coin has surged 3X in recent months, currently at 0.00012654 USDT, and is preparing for listings on top exchanges.

With strong adoption partnerships in the pipeline and verified on-chain holdings totaling over 3.07 million, MTAUR presents high early-stage growth potential.

What this means for us: With just 50 USDT, we can acquire 400,000 MTAUR tokens. If the price reaches 0.012 USDT, that small sum could realistically flip to 4,000 USDT.

For those seeking early-stage opportunities similar to what XRP and Bitcoin offered years ago, MTAUR provides a compelling option to diversify beyond traditional meme coins.

Bottom Line

DOGE's rebound signals a potential short-term stabilization, while SHIB's low prices may benefit patient accumulators. For those looking to diversify, MTAUR offers early-stage upside with verifiable on-chain credibility. By balancing these positions, we can navigate the market while staying poised for potential gains. Learn more from MTAUR's official website http://minotaurus.io/insight/81ae6a338d98a86071e0).

Phoenix Media Limited
Victoria, Mahe
Republic of Seychelles

Press contact: PR Department (pr@minotaurus.io)

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