Shiba Inu and Dogecoin are two major meme coins in the cryptocurrency space. Both tokens have experienced impressive price increases and have established reputations for independent pricing in their respective fields.
However, 2024 proved to be a very benign year for both tokens. Mr. Dozier and Mr. SHIB have yet to see any “amazing” price increases that will bring in profits that investors look forward to accumulating and building. Will a new ATH appear on Shiba Inu and Dogecoin by the end of this month? Let’s find out.
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Shiba Inu price prediction
Source – Token Metrics
The Shiba Inu has long established an independent reputation and is now consistently working to expand its ecosystem. With the news that Shiba Inu stablecoin officials are under construction, the token will likely receive further investor support as the market is always looking forward to accepting new elements of change.
According to CoinCodex, SHIB could reach a modest price peak by the end of this month in 2024. The token is currently at $0.00001784.
Image: CoinCodex
“According to our current Shiba Inu price forecast, the Shiba Inu price is predicted to increase by 0.68% and reach $0.00001758 by November 13, 2024. According to our technical indicators, the current sentiment is Although we are bullish, the Fear and Greed Index is 48 (Neutral). Shiba Inu has recorded 14/30 (47%) green days in the past 30 days and the price volatility is 12.32%. Now is a good time to buy a Shiba Inu.
Also read: VeChain weekly price prediction: Could VET reach $0.03 this week?
dogecoin price prediction
Source – Decrypt
Dogecoin is another important meme coin and is often mentioned as the primary meme coin that dominates the cryptocurrency space. 2024 was a very bearish year for Doge, with the token encountering red trends on most days rather than recording new price increases.
Amid Doge’s recent downturn, leading crypto analyst Ali noted that despite Doge’s low momentum, Dogecoin’s active addresses managed to reach a peak of 133,880, indicating strong support from users. said.
According to CoinCodex, Doge could fall further by the end of October 2024. The token could fall by 13% to hit the $0.94 low mark. It is currently trading at $0.1118.
Image: CoinCodex
“According to our current Dogecoin price forecast, Dogecoin price is predicted to decline by -13.53% and reach $0.094601 by November 13, 2024. According to our technical indicators, the current sentiment is neutral, but the fear and greed index shows 48” (neutral). Dogecoin recorded 16/30 (53%) green days with a price volatility of 6.00% in the past 30 days. Based on Dogecoin predictions, now is a good time to buy Dogecoin. ”
Also Read: Dogecoin Could Hit New Yearly Highs ‘Right Now’ – According to Analysts
