Why Altcoins Like Dogecoin, Pepe Coin, Shiba Inu are Going Down

A crypto crash is underway today, Nov. 4, as investors remain on the sidelines, liquidations have jumped, and open interest has dropped. Bitcoin price fell below the crucial support at $106,000, while the market capitalization of all cryptocurrencies dropped by over 4% in the last 24 hours to $3.6 billion.

Crypto Crash Today Happened as Fear Remained

Top meme coins were in the red, with Dogecoin plunging 45% from its September high to $0.1667. Shiba Inu price fell to $0.0000091, while Pepe Coin dropped below the key support at $0.0000059, its lowest level since October 11.

Crypto CrashCrypto Crash
Dogecoin, Shiba Inu, and Pepe price chart | Source: TradingView

Some of the other top laggards in the crypto market included…

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