Traders watch for market trends on meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) amid looming price volatility. At the same time, experts notice a significant momentum shift from Shiba Inu (SHIB) whales amid a recent AI prediction of $1 for Dogecoin (DOGE).
As market trends continue to unfold, traders are keeping a close eye on the price action of meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB). While both coins have experienced significant price volatility in the past, recent developments could indicate upcoming shifts in the crypto market.
At the moment, Shiba Inu has seen a crucial price movement, with IntoTheBlock revealing a 56.78% decline in whale activity on the coin over the past few days. This development aligns with the extending downward trend on Shiba Inu amid a broader market decline. At the time of this writing, Shiba Inu (SHIB) is trading at $0.00001773, with a 20% price drop in the past week.
Crypto whales are unsure of future price movements on Shiba Inu as the recent dip brings the meme coin closer to a crucial price support range between $0.000014 and $0.000019, where over 83,000 addresses bought 471.54 trillion SHIB tokens.
Meanwhile, crypto investors are also watching Dogecoin for a possible price uptrend amid a recent AI prediction. The popular crypto platform ChatGPT predicted that Dogecoin (DOGE) could reach the $1 threshold by 2025.
While $1 has always been a target of the Dogecoin community, analysts believe it’s a long shot. Moreover, the meme coin fell short of the price target by only reaching an all-time high of $0.73 at the peak of the 2021 bull run. The renewed optimism for another bull market has spurred some excitement for Dogecoin (DOGE) investors as they again look to the $1 target.
To conclude, Shiba Inu and Dogecoin (DOGE) present an opportunity for profits, especially since meme coins are known for their wild price movements. However, investors appear hesitant to invest in meme coins, opting for a better investment option in ETFSwap (ETFS). The new platform for trading ETFs and cryptocurrencies offers unique prospects and assures exciting profits for early presale investors.
The ongoing ETFSwap (ETFS) presale offers the token at a massively discounted price to accommodate early investors, which could be the chance to secure generational wealth. ETFSwap (ETFS) on presale is selling for $0.01831, and the coin will never trade this low again, ensuring profits for investors. Get in before the price increases to $0.03846 on the next presale stage.
News source:https://www.kdj.com/cryptocurrencies-news/articles/shib-whales-momentum-shift-doge-ai-prediction-investors-eye-etfswap-etfs-presale-x-growth-launch.html
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