Dogecoin and Shiba Inu remain stable amid market volatility, trading within narrow ranges. Dogecoin is priced at $0.2115 with a market cap of $31.9 billion, up 0.5%. Shiba Inu is at $0.00001226 with a market cap of $7.2 billion, up 0.7%. Pepe is down 3.6% at $0.059607 and $4.03 billion market cap.

Trader Javon Marks highlights a bullish MACD divergence in Shiba Inu, suggesting a potential 163% increase in the short term reaching $0.00003. Dogecoin has maintained key support at $0.208, as noted by chart analyst Ali Martinez, indicating a crucial turning point for the meme coin.

Shibarium activity has decreased significantly, with daily transactions falling below 1 million since August 26. Dogecoin’s trading volume has risen by 6%, while open interest has stayed around $3 billion since early August, per Coinglass data. Elon Musk’s lawyer, Alex Spiro, is set to chair a new Dogecoin Treasury firm backed by the House of Doge, aiming to raise $200 million through a public offering. This move could signal Dogecoin’s entry into mainstream finance.

Read more at Yahoo Finance: Will They Ever See Another Bull Run?