Dogecoin and Shiba Inu tokens are emerging as the top coins to buy amid increasing competition from Bitgert and Centcex.
Tag: Dogecoin
-
Three Huge Reasons Why Big Eyes Coin Could Become the Next Dogecoin or Shiba Inu
As the crypto market is overflowing with opportunities, Big eyes coin can overtake Shiba Inu and Dogecoin as it has been doing more than other projects -
Shiba Inu and Dogecoin Will Lead Next Bull Run – Predicts David Gokhshtein
David Gokhshtein, a former candidate for the US Congress who is now an entrepreneur and the head of Gokhshtein Media, has once more stated his support for two significant meme coins: Dogecoin and Shiba Inu.But in prior tweets, he added that he had been using bitcoin and Ethereum for a long time and believed that XRP was on the way, whether people liked it or not. David supported Shiba Inu in 2022 with a number of his tweets and has been enthusiastic about Dogecoin since last year. His primary point in his tweet on meme currencies is that both Doge and SHIB have attracted many new users to bitcoin and the cryptocurrency industry. particularly and will contribute greatly in the future.His most recent tweet similarly resembled this. On October 17, he tweeted that despite the frequent discussion around meme coins, they would eventually “bring new retail purchasers into the crypto business.” Gokhshtein openly acknowledged that he had not gone to SHIB in a tweet, explaining that the “Dogecoin killer” myth had kept him away. But he claims that when the next crypto bull market starts, meme currencies are going to go parabolic.
SHIB Price
At the time of writing, SHIB is trading at $0.00001007which is a 0.08% price increase, In the last 24 hours, it has traded as low as $0.000009723 and as high as $0.00001016. The trading volume in the last 24 hours is $166,803,779 and a market capitalization of $5,531,950,087.
The Bollinger bands are forming a narrow pattern which demonstrates a bullish momentum as the MACD line is crossing over the signal line suggesting that bulls are taking control of the market. Investors are advised to take caution when making financial decisions as the crypto market is highly volatile.
DOGE Price
Dogecoin is currently trading at $0.05938 which is 0.05% price increase. In the last 24 hours, DOGE has traded as low as $0.05845 and as high as $0.06068. The trading volume is $312,061,951 and the market capitalization is $7,864,369,733. There is 132.67B DOGE circulating in the market.
The Bollinger bands show a straight narrow pattern with the candle stick trading near the lower band. This is evident that DOGE is bullish. On the other hand, the MACD line is crossing the signal line as the RSI is currently at 45 heading towards the overbought region. Generally, Investors are urged to be careful of the bear market.
Was this writing helpful?
-
Shiba Inu Price Prediction – Can SHIB Overtake Dogecoin?
Shiba Inu has dropped by 0.6% over the past 24 hours. At the time of writing, the meme coin was trading at $0.00001004. SHIB has dropped by 12% over the past two weeks, according to data from CoinGecko.
Shiba Inu price analysis
SHIB has been on a sharp bearish streak, as seen in the meme coin’s notable decline of 64% on a year-to-date (YTD) basis. SHIB has lost 88% of its value since reaching an all-time high in October 2021.
During the past 24 hours, SHIB has reported slight volatility, with the price trading between $0.00000979 and $0.00001017. The lack of significant price movements stems from the performance of the broader cryptocurrency market. The global cryptocurrency market cap currently stands at $957 billion.
Over the past 24 hours, SHIB has reported trading volumes of over $184 million, showing that the buying and selling momentum is not as high as it usually is when strong price movements are recorded.
Nevertheless, SHIB’s lack of performance mimics most of what is happening in the broader cryptocurrency space. This is why SHIB still ranks as the 13th largest cryptocurrency despite the notable plunge.
The Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) hint that a bearish sentiment could be in play in the short term. The RSI is at 47, showing an apparent fight between the bulls and the bears for control. Therefore, the price could continue consolidating at the current prices.
On the other hand, the MACD gives a rather bearish outlook as the MACD line is below the signal line. Therefore, the price will likely drop again below $0.00001. A drop below $0.0000092 could trigger panic selling and cause a significant downtrend.
SHIB is the second-largest meme coin after Dogecoin. Due to a lack of buyers, meme coins have been dealt a major blow in this bear market. Nevertheless, DOGE has remained in the headlines because of Tesla’s CEO, Elon Musk, who has not missed any chance to mention the meme coin.
Musk’s decision to resume Twitter buyout talks saw the meme coin community rush to buy Dogecoin, but the gains were not sustained, as seen in the 7.6% dip over the past two weeks. Nevertheless, DOGE still has the potential to gain if Musk manages to add DOGE payments on Twitter.
Musk’s continuous support of DOGE could be why the token could continue to outperform SHIB and sustain the huge market cap that keeps it in the top ten largest cryptocurrencies.
This crypto could explode 10X
For those traders that maybe can’t wait another few months for big gains, there are a number of smaller altcoins that have been beating the market in recent weeks, with presale tokens proving particularly lucrative. One promising new coin in this area is Impact Project (IMPT), a decentralized carbon credits marketplace that began its sale just over a week ago.
Based on the Ethereum blockchain, it provides users with the ability to trade NFT-based carbon offsets, while it will also enable consumers to shop online with retailers that support green initiatives. At a time when ESG investing is becoming a big thing, it has the fundamentals to perform well.
-
Dogecoin and Shiba Inu Holders Buying These Coins Can Expect 10X Increase This Year
Good number of Dogecoin and Shiba Inu holders added Bitgert (BRISE) and Centcex (CENX) to their portfolios. -
New Presale Star Plona (PLON) is likely to compete with the likes of DogeCoin (DOGE) and Shiba Inu (SHIB)
DogeCoin (DOGE), a meme coin made famous by Elon Musk in 2021, is an open-source peer-to-peer (P2P) cryptocurrency that utilises blockchain technology. In the same vein, Shiba Inu (SHIB) was created in 2020, and it shares a similar characteristic of anonymity of the creator with Bitcoin (BIT).However, unlike Bitcoin (BIT), which Satoshi Nakamoto created, Shiba Inu (SHIB) was created by an unknown person/group under the name “Ryoshi.” Interestingly, Shiba Inu (SHIB) has outlived its claim as a “pump and dump” coin. Therefore, despite the current bearish run in the crypto market, both Shiba Inu (SHIB) and DogeCoin (DOGE) are set for a potential bullish run.
What can a new token like Plona (PLON) do?
New cryptos like Plona (PLON) are set to address real-time investment problems posed to investors in Web2. A fundamental factor that drives prices in the crypto market is “Adoptions.” Plona (PLON) assists ownership of luxurious and exotic cars such as Lamborghini, Ferrari, Bentley, Bugatti, and many other fleets of cars, through fractional premium car investment on the blockchain in the form of NFT trading. The need for partnership and collaboration is of top necessity to achieve this. Plona (PLON) is already bridging this gap through Networking Clubs and Celebrity collaborations.
As the Cryptocurrency community at large awaits the Layer-1 Scaling Protocol and the Shiba Inu Metaverse, both can change the current market trend of Shiba Inu (SHIB) to the moon in a matter of days to weeks. Also, with the recent news about Google Cloud accepting users of the service to pay with Bitcoin (BIT), Ethereum (ETH), and Dogecoin (DOGE) through Coinbase, the price of Dogecoin (DOGE) could shoot to the moon.
Plona (PLON) has a clearly defined pathway to promoting ownership of luxury and exotic cars through what is known as a fractional investment in the form of NFT trading.
What next for DogeCoin (DOGE) and Shiba Inu (SHIB)?
In recent times, DogeCoin (DOGE) and Shiba Inu (SHIB) have raked in massive profits for investors, although both are still very far from their All-Time High (ATH). DogeCoin (DOGE) is currently trading at $0.06/DOGE (ATH ≌ $0.74) while Shiba Inu (SHIB) is trading at $0.00001/SHIB (ATH ≌ $0.00009),
Crypto analysts have identified the Plona (PLON) token as among the top 12 crypto assets to consider in 2022 and 2023, as it has great potential for massive growth and brings enormous returns to those who invest in the project. Also, since Plona (PLON) is fractionalising the values of exotic cars like Lamborghini to NFT, each fraction of the NFT is backed by the real-world value of the car. In other words, Plona is tokenising luxury car ownership through blockchain technology. Fractioning of this sort makes investing in Plona (PLON) a low-risk investment. Also, Plona (PLON) presently has a low market capitalisation, favoring the possible heights the new token can reach.
Plona (Plon) is still cheap, and at a current selling price of $0.012 for 1 PLON, the project is worth investing in and a step into the future of exotic cars. Come on the ride! Join the Plona Project!
Find out more:
Plona Token
Presale: https://buy.plona.io
Website: https://www.Plona (PLON) a.io/
Twitter: https://twitter.com/Plona (PLON) atoken
Telegram: https://t.me/Plona (PLON) atokenDisclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
