DOGE has retraced approximately 9% as a result of weak buying pressure, but it appears to be headed lower. The poor structure of the major Cryptocurrency, as well as the rising popularity of DOGE rival Shiba Inu, which has increased by approximately 200 percent in the last week, contribute to this pessimistic outlook. Because of the rapid rise in SHIB, consumers may have switched to DOGE-killer. Investors should be on the lookout for an impending correction.