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Why Dogecoin and Shiba Inu Prices Pump Signals Meme Coins Are Back

dogecoin When Shiba Inu Prices have been on a roller coaster lately, with prices skyrocketing in just a few days. This shows that Memecoin is in the spotlight and investors are paying attention. The recent price increases of Dogecoin and Shiba Inu show that the meme coin is gaining momentum again.

These coins offer investors the opportunity to tap into their favorite memes and trends, offering an alternative to traditional investments. As more people become familiar with cryptocurrencies, meme coins are growing in popularity as they offer a way to make money while having fun at the same time.

The recent surge in Dogecoin and Shiba Inu prices shows that investors are excited about these new opportunities, suggesting that Memecoin may be here to stay for the long term.

DOGE is back! The most bought cryptocurrencies of 2021 are back with a bang

According to WhaleStats, a leading cryptocurrency wallet tracker, important whales are once again starting to invest in Dogecoin on the Binance Smart Chain. Dogecoin is the largest meme coin by market cap and original.

The aforementioned portal recently tweeted that Dogecoin was among the top 10 tokens sought by BSC whales in the last 24 hours.

Over the past few days, the price of DOGE has increased significantly, rising from $0.08022 to $0.09160. However, this growth of 14.20% for him has been almost completely reversed by recent events. Nevertheless, the original meme-based cryptocurrency has managed to increase in value by 22% over the past six days.

DOGE’s price, like other altcoins, has risen due to the surge in Bitcoin price over the past few days. We were able to reach almost $22,000. This is an amazing feat for any cryptocurrency.

Currently, BSC’s top 100 investors collectively own well below 1% of DOGE compared to their total portfolio. To be exact, it’s worth $7,349,835, which is equivalent to memetic currency.

dogecoin price

Dogecoin is currently priced at $0.0850 with a 24-hour trading volume of $842 million. Over the past 24 hours, Dogecoin has fallen 2%, but is up nearly 20% over the past 7 days. CoinMarketCap is currently ranked #9 with a current market capitalization of $11 billion.

Dogecoin Price Chart – Source: Tradingview

DOGE is likely to encounter resistance at $0.090 soon and a bullish crossover above this level could expose Doge to the $0.1050 level. On the downside, the immediate support for DOGE coin is $0.075. A bearish breakout at this level could expose DOGE to the $0.065 levels.

Watch Whales in Action: What Happened When SHIB was Released to the Metaverse?

An unprecedented number of SHIB tokens were moved by crypto whales just before the Shiba Inu-related metaverse kicked off. This could cause quite a stir in the crypto space and have a significant impact on its launch.

Whale Alert, a platform for tracking whales, reveals that a huge number of SHIB tokens (3.32 billion) were transferred from one unidentified wallet to another, worth nearly $30.48 million Did.

The addresses used in the transaction have nothing to do with cryptocurrency exchanges, so it is highly unlikely that the move has anything to do with buying or offloading the meme coin in question.

Recently, Shiba Inu announced a major SHIB token transfer. This was in addition to their aim to introduce a new metaverse at the upcoming 2023 South by Southwest (SXSW) festival in Austin, Texas.

This exhibition presents a virtual reality (VR) tour of WAGMI Temple, one of 11 locations in Shiba Inu’s metaverse. The platform showcases Dogecoin (DOGE) competitions.

shiba inu price

The Shiba Inu is currently priced at $0.000010 with a 24-hour trading volume of $492 million. After jumping more than 20% over the past seven days, the Shiba Inu has seen him drop nearly 3% over the past 24 hours. CoinMarketCap is currently ranked #16 with a current market capitalization of $5 billion.

SHIBA INU Price Chart – Source: Tradingview

SHIBA is currently facing an immediate resistance level at $0.000010 and a bullish breakout at this level could expose SHIBA to the next resistance level at $0.000011.

The immediate support for SHIB is at $0.000010 and a bearish break at this level could expose the price of SHIB to the $0.000009 level. Look for buying opportunities today as the 50-day moving average shows a bullish trend above $0.000009.

On the upside, a breakout of the $0.0000107 levels will provide additional buying opportunities.

Don’t Miss These Coins With Up To 3x Profit Potential

The current bullish sentiment drives the cryptocurrency market on an uptrend. Amidst this move, it would be beneficial to keep an eye on Shiba Inu and Dogecoin along with a few other coins for higher returns.

Paying attention to these markets can help you make better portfolio decisions.

Tamadog (TAMA)

Madage is a breakthrough P2E meme coin with high growth potential. When it was first released, it got a lot of attention from investors. This is probably because the presale surpassed his goal of $19 million earlier than expected.

Tamadoge is an online game that provides users with exciting opportunities for discovery. Traverse a virtual world called the Tamaverse while raising an NFT-based Madonna pet. Players can enjoy additional benefits by leveling up their pets using items available in the in-game store. Every time you rank up, you also get Doge Points as a reward.

The more Dogepoints a player accumulates, the better their position on the Tamadoge leaderboard and the more they qualify for more rewards from the pool.

Tamadoge’s presale has reached capacity and raised millions of dollars. Shortly thereafter, it was listed on the OKX exchange and the value of the TAMA token skyrocketed. It peaked at $0.197, more than six times its listing price of $0.03.

Egg Price Chart – Source: Tradingview

TAMA is currently trading at $0.014 and a bullish rally above this level could push TAMA’s price to $0.01680.

Metamasters Guild (MEMAG)

the pre-sale of Metamasters Guildis a mobile-focused gaming guild that combines Web3 and games that you earn by playing. The company’s Ethereum-based game will include his playable NFTs and incentives that can be exchanged for his MEMAG, the company’s native token.

It will be released in 7 phases, with the first phase offering 1 MEMAG for $0.007. Even before MEMAG goes public, the price will eventually rise to $0.023, a 228.5% increase for early investors. The Meta Masters Guild is expected to grow rapidly when the platform’s first game (Meta Kart Racers) releases in the second quarter of this year.

Additionally, if the global economy and markets improve, native coins could benefit greatly.

Visit Metamasters Guild Now

Fight Out (FGHT)

of fight out The (FGHT) platform works just like a personal trainer, except your workout time is prepaid with FGHT tokens. All activity is tracked and can be used to improve your metaverse avatar metrics.

The FGHT presale is well underway and has already raised nearly $2.9 million. The current selling price of $1 60.06 FGHT (FGHT can be purchased with ETH or USDT) is expected to rise as the sale continues.

Visit Fight Out Now

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