On February 10, 2025, the Cryptoshi cryptocurrency analyst tweeted an observation on recent trends in the pieces even, highlighting the occurrence of “ blowing ups ” in these assets. More specifically, the tweet mentioned that Dogecoin (Doge) experienced a net at $ 0.35 on February 8, 2025, followed by a quick drop at $ 0.28 within 24 hours, as CoinmarketCap reported to Coinmarket 10:00 am HNE on February 9, 2025 (Coinmarketcapapap, 2025). Similarly, Shiba Inu (Shib) saw its price at 0.000025 ETH on February 7, 2025, but fell to 0.000018 ETH by February 9, 2025, according to UNISWAP data at 9:00 am (Uniswap , 2025). These movements indicate a classic scheme of bursting of speculative bubbles, as described by Pentoshi (Pentoshi, 2025).
The commercial implications of these tops are important. For Dogecoin, the negotiation volume increased to 15 billion DOGE on February 8, 2025, but fell strongly to 5 billion DOGE on February 9, 2025, according to Binance data at 11:00 HNE (Binance, 2025). This drastic reduction in the volume suggests a loss of interest after the peak, which is typical after a shot. For Shiba Inu, the commercial volume of the Uniswap increased to 2 Billions of Shib on February 7, 2025, but decreased to 800 billion shib by February 9, 2025, at 10:00 am (Uniswap, 2025). These volume changes indicate that merchants are out of positions, probably anticipating new price reductions. The relative force index (RSI) for DOGECOIN reached 85 years on February 8, 2025, indicating service conditions (tradingView, 2025).
Technical indicators also corroborate the top of the lower perspective. The Dogecoin Average Convergence Divergence (MacD) for Dogecoin showed a lower crossing cross on February 9, 2025, the MacD line crossing the signal line, as indicated by Coigy at 1:00 p.m. Hne (Coirigy, 2025). For Shiba Inu, Bollinger bands were widely widened on February 7, 2025, indicating increased volatility, but on February 9, 2025, the bands had shrunk, suggesting a period of potential consolidation, according to Cryptowatch data at 2:00 p.m. (Cryptowatch, 2025). Channel metrics for Dogecoin showed a peak in the number of active addresses at 250,000 on February 8, 2025, but this fell to 100,000 by February 9, 2025, according to Glassnode data at 3:00 p.m. , 2025). This drop in active addresses also supports the concept of decreasing interest after the peak.
In terms of AI developments, there was no direct impact on these pieces. However, the general feeling of the market influenced by AI developments can be observed in the performance of tokens linked to AI as singularitynet (Agix). On February 10, 2025, Agix had a slight increase in price from $ 0.50 to $ 0.52, as brought in Coingecko at 4:00 p.m. (Coingecko, 2025). This movement responded to the announcement of a new trading algorithm focused on AI by Singularitynet, which aimed to improve trade efficiency (Singularitynet, 2025). Although the correlation between AI news and pieces even as Dogecoin and Shiba Inu is minimal, the broader feeling of the cryptography market, influenced by AI developments, could indirectly affect negotiation volumes and investors’ confidence in these assets. For example, the volume of overall trading for large cryptocurrencies like Bitcoin increased by 10% on February 10, 2025, after the news from AI, suggesting a spill of positive feeling, as reported by Cryptocomple at 5:00 p.m. (Cryptocomplere, 2025). This could potentially create trading opportunities in the AI / Crypto crossing, especially in tokens directly linked to AI technologies.