The prices of Dogecoin and Shiba Inu have been on a rollercoaster ride lately, with their prices skyrocketing over the course of several days. This is proof that meme coins are back in the spotlight and investors are paying attention. The recent price pump of Dogecoin and Shiba Inu signals that meme coins are once again in the spotlight.
These coins allow investors to capitalize on their favorite memes and trends, providing an alternative to traditional investments. As more people become familiar with cryptocurrencies, meme coins are becoming more popular as they offer a way to make money while having fun.
The recent surge in prices of Dogecoin and Shiba Inu shows that investors are excited about these new opportunities, indicating that meme coins may be here for the long haul.
DOGE is back! The best-bought cryptocurrency of 2021 is back with a bang
According to WhaleStats, a leading cryptocurrency wallet tracker, significant outlets have once again started investing in Dogecoin on the Binance Smart Chain. Dogecoin is the largest meme coin by market capitalization and originality.
The aforementioned portal recently tweeted that Dogecoin was among the top 10 tokens searched by BSC points in the last 24 hours.
Over the past few days, DOGE has seen a significant increase in its price from $0.08022 to $0.09160. This 14.20% increase, however, has been almost completely reversed by recent events. However, the original meme-based cryptocurrency still managed to gain 22% in the past six days.
The price of DOGE, like other altcoins, has increased over the past few days due to the rise in Bitcoin prices. It managed to reach almost $22,000, which is a remarkable feat for any cryptocurrency.
As of now, BSC’s top 100 investors have a collective amount of DOGE that is far less than 1% of their total portfolio. More precisely, it is $7,349,835, which is equivalent to meme currency.
The current price of Dogecoin is $0.0850 with a 24-hour trading volume of $842 million. Dogecoin is down 2% in the last 24 hours, but has gained almost 20% in the last seven days. CoinMarketCap is now ranked #9 with a direct market cap of $11 billion.
DOGE is likely to face immediate resistance at $0.090 and a bullish crossover above this level could take Doge to a high of $0.1050. Unfortunately, the immediate support for DOGE coin is $0.075; A drop to this level could push DOGE to the $0.065 level.
Watch the movement of the point. what happened when SHIB was introduced to the Metaverse?
An unprecedented number of SHIB tokens were moved by the crypto whale just before the launch of the Shiba Inu metaverse. This has created quite a buzz in the crypto space and is likely to have a big impact on its launch.
Whale Alert, a whale-tracking platform, discovered that a huge number of SHIB tokens (3.32 billion) were transferred from one unknown wallet to another, worth about $30.48 million.
The addresses used in the transactions are not related to cryptocurrency exchanges, so it is highly unlikely that this move has anything to do with buying or unloading the decoy meme coin.
Shiba Inu recently announced a major SHIB symbol transfer. This was in addition to their goal of introducing the new metaverse at the 2023 South by Southwest (SXSW) festival in Austin, Texas.
For the upcoming exhibition, WAGMI Temple, one of the 11 locations in the Shiba Inu metaverse, will be shown via a virtual reality (VR) tour. This platform features Dogecoin (DOGE) contests.
Shiba Inu Price:
The current price of Shiba Inu is $0.000010 and its 24-hour trading volume is $492 million. Shiba Inu is down nearly 3% in the past 24 hours, after rising more than 20% over the past seven days. CoinMarketCap is currently ranked #16 with a direct market cap of $5 billion.
SHIBA is currently facing an immediate resistance level of $0.000010 and a bullish break of this level could expose SHIBA to the next resistance level at $0.000011.
SHIB’s immediate support is $0.000010, and a break below this level could push SHIB’s price to $0.000009. The 50-day moving average is showing an uptrend above the $0.000009 level, so look for buying opportunities today.
On the positive side, a break below the $0.0000107 level would provide additional buying opportunities.
Don’t miss out on these coins that can see up to 3x profits ahead
With the current bullish sentiment, the cryptocurrency market is experiencing an uptrend. Amid this movement, it is beneficial to monitor Shiba Inu and Dogecoin and several other coins for higher returns.
Paying attention to these markets can help you make better decisions for your portfolio.
Tamadoge is a breakthrough P2E meme coin with high growth potential. It attracted huge attention from investors when it was first released, likely due to pre-sales that surpassed its $19 million goal ahead of schedule.
“Tamadoge” is an online game that gives users an exciting opportunity to discover: traversing a virtual world called the Tamaverse while raising NFT-based Tamadoge pets. Players can enjoy additional benefits by leveling up their pets with items in the in-game store. Each rank also earns them Dogepoints as a reward.
As a player accumulates more Dogepoints, their position on the Tamadoge leaderboard improves and they are eligible to receive larger portions of rewards from the pool.
Tamadoge’s pre-sale reached full capacity, raising millions of dollars. Shortly after it was listed on the OKX exchange, the value of the TAMA token soared to a peak of $0.197, more than six times its listing price of $0.03.
TAMA is currently trading at $0.014 and a bounce above this level could push TAMA to $0.01680.
Meta Masters Guild (MEMAG)
Pre-sale has started for Meta Masters Guild, a mobile gaming focused guild that will create a mix of Web3 and earn-to-play games. Its Ethereum-based games will include playing NFTs and incentives that can be exchanged for MEMAG, the company’s native token, which can then be staked and traded.
It will be released in seven phases, with the first issuing one MEMAG for $0.007. Even before MEMAG goes public, this price will eventually rise to $0.023, representing a 228.5% increase for early investors. When the platform’s first game (Meta Kart Racers) is released in the second quarter of this year, the Meta Masters Guild is expected to grow rapidly.
Furthermore, if the global economy and markets improve, the native coin could benefit greatly.
Visit the Meta Masters Guild now!
Fight Out (FGHT)
The FightOut (FGHT) platform works like a personal trainer, except that training time is paid for in advance with the FGHT token. All actions are tracked and can be used to improve one’s metaverse avatar metrics.
The FGHT pre-sale is going well and has already raised about $2.90 million. The current selling price of 60.06 FGHT per $1 (FGHT can be bought with ETH or USDT) is expected to rise as the sale continues.
Visit FightOut now!