dog coin And Shiba Inu Prices have been on a rollercoaster ride lately, with prices skyrocketing in a matter of days. This is a sign that meme coins are back in the limelight and that investors are taking notice. The recent surge in the prices of Dogecoin and Shiba Inu indicates that meme coins are once again gaining traction.
These coins give investors an opportunity to cash in on their favorite memes and trends while providing an alternative to traditional investments. As more and more people become familiar with cryptocurrencies, meme coins are becoming increasingly popular because they offer a way to make money while having fun.
The recent surge in the prices of Dogecoin and Shiba Inu suggests that investors are excited about these new opportunities, indicating that meme coins may be here to stay for the long run.
Doge is back! The most bought cryptocurrency of 2021 is back with a bang
According to WhaleStats, the leading wallet tracker for the cryptocurrency, significant whales have once again started investing in Dogecoin on the Binance Smart Chain. Dogecoin is the largest meme coin by market capitalization and origin.
The aforementioned portal recently tweeted that Dogecoin has been among the top 10 sought-after coins by BSC whales over the past 24 hours.
In the past few days, DOGE experienced an increase in its price from $0.08022 to $0.09160. However, this 14.20% increase was almost completely reversed due to recent events. Nevertheless, the original meme-based cryptocurrency still managed to increase in value by 22% within the past six days.
Like other altcoins, DOGE has also seen an increase in price due to the surge in bitcoin price over the past few days. It was able to reach almost $22,000 which is a remarkable achievement for any cryptocurrency.
As of now, the top 100 investors on BSC hold a collective amount of DOGE that is less than 1% of their total portfolio. To be precise, it is $7,349,835 which is the equivalent value of meme currency.
dogecoin price
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 is up almost 20% in the last seven days. Coinmarketcap is now ranked 9th with a live market cap of $11 billion.
DOGE is likely to face an immediate resistance at $0.090, and a bullish crossover above this level could expose Doge to a high of $0.1050. On the downside, DOGE coin has an immediate support at $0.075; A bearish breakout of this level could expose DOGE to the $0.065 level.
Watch the Whale Move: What Happened When SHIB Unveiled the Metaverse?
An unprecedented number of SHIB tokens have been transferred by a crypto whale just ahead of the launch of the Shiba Inu-related Metaverse. It has created quite a stir in the crypto space and is likely to make a big impact upon its launch.
Whale Alert, a platform for tracking whales, revealed that a large number of SHIB tokens (3.32 billion) were transferred from one unknown wallet to another, worth approximately $30.48 million.
The addresses used in the transactions are not associated with any cryptocurrency exchange, so it is highly unlikely that the move has anything to do with buying or offloading the hyped-up meme coin.
Recently, Shiba Inu announced a major SHIB token transfer. This was in addition to their aim to introduce a new Metaverse at the upcoming South by Southwest (SXSW) festival in Austin, Texas in 2023.
For the upcoming exhibition, the WAGMI Temple, one of 11 locations in Shiba Inu’s Metaverse, will be showcased through a Virtual Reality (VR) tour. This platform is showcasing Dogecoin (DOGE) competitions.
shiba inu price
The current Shiba Inu price is $0.000010 with a 24-hour trading volume of $492 million. Shiba Inu is down about 3% in the past 24 hours after rising more than 20% over the past seven days. CoinMarketCap is now ranked #16 with a live market cap of $5 billion.
SHIBA is currently facing an immediate resistance at $0.000010, and a bullish breakout of this level could expose SHIBA to the next resistance at $0.000011.
An immediate support for SHIB lies at $0.000010, and a bearish break of this level could expose SHIB price towards the $0.000009 level. The 50-day moving average is signaling a bullish move above the $0.000009 level, so look for buying opportunities today.
On the plus side, a breakout of the $0.0000107 level will provide additional buying opportunities.
Don’t miss out on these coins that can see profits up to 3x 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 along with a few other coins for higher returns.
Paying attention to these markets can help you make better decisions for your portfolio.
Tamadoge (TAMA)
Tamadoge is a phenomenal P2E meme coin with a high potential for growth. When it was first released, it attracted massive attention from investors, possibly due to presales that exceeded its $19 million goal ahead of schedule.
Tamadoge is an online game that provides users with an exciting opportunity to discover; Traverse a virtual world called the Tamaverse while raising NFT-based Tamadoge pets. Players can enjoy additional benefits by leveling up their pets using items available in the in-game store. Each rank-up also earns them Dogpoints as a reward.
As a player accumulates more DogePoints, their position on the Tamadoge leaderboard improves and they become eligible for a larger share of the prizes from the pool.
Tamadoge’s pre-sales reached their full potential, raising millions of dollars. Shortly after, it was listed on the OKEx exchange and the TAMA token skyrocketed in value – reaching $0.197, more than six times its listing price of $0.03.
Currently, TAMA is trading at $0.014, and a bullish move above this level could propel TAMA price towards $0.01680.
Meta Masters Guild (MEMAG)
pre sales for meta masters guild, a mobile-focused gaming guild that will create a mix of Web3 and play-to-earn games, has launched. Its Ethereum-based game will include playable NFTs and incentives that can be exchanged for MEMAG, the company’s native token, which can then be sold for staking.
It will be released in seven tranches, with the first one MEMAG delivered at $0.007. This price would eventually rise to $0.023, representing a 228.5% increase for early investors, even before MEMAG went public. The Meta Masters Guild is expected to grow exponentially when the platform’s first game (Meta Kart Racers) is released in the second quarter of this year.
Also, if the global economy and market improves, the native coin can benefit greatly.
Visit the Meta Masters Guild now
Fightout (FGHT)
to fight (FGHT) platform works in the same way as a personal trainer, except the workout time is pre-paid with FGHT tokens. All activities are tracked and can be used to improve the metrics of one’s Metaverse avatar.
FGHT pre-sales are going well, with almost $2.90 million already raised. The current selling price of 60.06 FGHT for $1 (FGHT can be bought with ETH or USDT) is expected to increase as the sale continues.
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