Dogecoin, Shiba Inu could extend gains as selling pressure declines, investors accumulate DOGE and SHIB

Summary

• Dogecoin and Shiba Inu see gains as selling pressure reduces
• Less than 50% of wallets holding DOGE and SHIB are profitable
• Whales distribute holdings while retail investors accumulate meme tokens
• On-chain metrics support gains for DOGE and SHIB

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