Most cryptocurrencies are struggling to maintain consistent growth. A few coins, like Dogecoin and Polkadot, show positive signs but keep dipping back.
Most cryptocurrencies continue to struggle to maintain consistent growth. A few coins, such as Dogecoin and Polkadot, show positive signs but keep dipping back. Among the struggling coins, WW3 Shiba has emerged as the next big meme coin to buy in 2024.
Here's a look at Dogecoin and Polkadot, followed by an explanation of why cryptocurrency investors are flocking to WW3 Shiba as the best altcoin to buy right now.
Dogecoin Is Still Struggling
The current Dogecoin price is $0.117, reflecting a 4.4 percent decrease from the previous week. Hence, the public perception of Dogecoin is still largely bearish.
Dogecoin saw a 26 percent dip in the last 30 days.
Media attention could have been better, just like in the first half of 2021, which played a major role in the hype around Dogecoin. Moreover, Dogecoin still struggles to maintain its recent highs due to its low overall utility and lack of extensive real-world use cases.
Given the current market conditions, investors considering investing in Dogecoin should closely monitor the coin's performance trends and the market sentiment before making any decisions.
Can Polkadot Break the $7.5 Mark?
Polkadot is designed to connect blockchains that were previously unable to communicate and manage traffic and data between them. It also allows multiple blockchain networks to connect securely.
Polkadot is currently facing a lot of selling pressure as, in previous weeks, it failed to overcome the $7.5 resistance level. Sellers attempted to push the price of Polkadot below $5.50. However, buyers did not let the token dip down to $5.50. Polkadot is currently trading at $6.05 (at the time of writing). Polkadot lost 14 percent of its price value in the last month.
Analysts Rekt Fencer and Crypto Tony believe that Polkadot can achieve new highs, with analysts predicting that it might reach up to $60 if it maintains its position above critical support levels and reclaims resistance zones.
WW3 Shiba: Investors Are Flocking To This New Memecoin
WW3 Shiba is currently at the top of the list of meme coins to buy today. It is the world's first SocialFi P2E meme coin, featuring a unique P2E game and token distribution.
Fifty percent of the tokens are allocated for pre-sale, and the team holds only 5%. This shows that the community comes first for them. Also, according to their website, their charity fund will donate 2% of all transactions to dogs affected by the current wars.
Secondly, the P2E game features you as a canine hero, stopping a plot to turn all dogs into evil soldiers. In addition, you can win rewards like non-fungible tokens, bonuses, and cash prizes by completing different missions and arcade-style games.
Another way users can earn more rewards is through staking their WW3 Shiba tokens. WW3 Shiba holders can earn up to 90% Annual Percentage Yield.
The WW3 Shiba project has passed SolidProof's audit test and is currently hot among investors. It has the potential to become the next big P2E meme coin.
Final Thoughts on Meme Coins vs. Dogecoin, Polkadot
Both Dogecoin and Polkadot are struggling in the market, showing signs of recovery but quickly dipping back. On the other hand, investors are flocking to the new meme coin, WW3 Shiba. Once listed on the major exchanges, analysts believe it can achieve a 580% price increase after its presale.
If you would like to find out more information about the presale,
Website: ww3shiba.com
Twitter: https://x.com/WW3SHIBA
Telegram: https://t.me/ww3shiba_portal
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