Dogecoin vs Shiba Inu – Which Will Hit $1 First?
The post Dogecoin vs Shiba Inu – Which Will Hit $1 First? appeared on BitcoinEthereumNews.com. The start of the next crypto bull run appears to be imminent, with the approval of spot Bitcoin ETFs looking increasingly likely. The Federal Reserve is also set to continue to pause its monetary tightening and could start cutting its benchmark rate early next year. While Bitcoin is leading the crypto market rally – surging close to 11% over the past week – the altcoins are beginning to catch up. The meme coin asset class is also showing bullish strength. According to CoinMarketCap, its total market cap has appreciated close to 2% in the daily time frame, along with an average price increase of 5%. Dogecoin and Shiba Inu – two of the top performers of the last bull market – are set to replicate their success in the upcoming bull run as well. Doge and Shib have both surged close to 2% in the daily time frame and are on the verge of a breakout. However the question remains – which meme coin will hit the $1 mark first? While Dogecoin will continue to enjoy the backing from Elon Musk, Shiba Inu is expected to receive a strong boost from Shibarium. Dogecoin and Shiba Inu Poised For Breakout – Is $1 In The Cards? Meme coins are beginning to display their profitability once again, with the Floki crypto leading the way, surging 25% over the past day. Pepe is also showing strength and is up 5% over the same period. According to experts, top meme token Dogecoin is set to be the next token to display an explosive price growth. Doge has appreciated 2% over the past 24 hours and is trading above the $0.06 price mark, with a market cap of $8.6 billion and a trading volume of $120 million. The $0.06 price level was also a crucial…
The post Dogecoin vs Shiba Inu – Which Will Hit $1 First? appeared on BitcoinEthereumNews.com.
The start of the next crypto bull run appears to be imminent, with the approval of spot Bitcoin ETFs looking increasingly likely. The Federal Reserve is also set to continue to pause its monetary tightening and could start cutting its benchmark rate early next year. While Bitcoin is leading the crypto market rally – surging close to 11% over the past week – the altcoins are beginning to catch up. The meme coin asset class is also showing bullish strength. According to CoinMarketCap, its total market cap has appreciated close to 2% in the daily time frame, along with an average price increase of 5%. Dogecoin and Shiba Inu – two of the top performers of the last bull market – are set to replicate their success in the upcoming bull run as well. Doge and Shib have both surged close to 2% in the daily time frame and are on the verge of a breakout. However the question remains – which meme coin will hit the $1 mark first? While Dogecoin will continue to enjoy the backing from Elon Musk, Shiba Inu is expected to receive a strong boost from Shibarium. Dogecoin and Shiba Inu Poised For Breakout – Is $1 In The Cards? Meme coins are beginning to display their profitability once again, with the Floki crypto leading the way, surging 25% over the past day. Pepe is also showing strength and is up 5% over the same period. According to experts, top meme token Dogecoin is set to be the next token to display an explosive price growth. Doge has appreciated 2% over the past 24 hours and is trading above the $0.06 price mark, with a market cap of $8.6 billion and a trading volume of $120 million. The $0.06 price level was also a crucial…
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