This Caused Dogecoin and Shiba Inu to plunge!

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As per Santiment reports, the meme coin rally has took a reversal after rallying more than 25%.

The reason behind this reversal was due the increased profit taking from whales who acted as a catalyst behind 25% rally from the beginning.

Thus with the lack of trading volume, any pump is unlikely to happen in the upcoming days, especially without the support of whale investors.