Dogecoin to $20 and Shiba Inu to $1? Here’s Why It Might Be Time to Move On

Dogecoin and Shiba Inu captured the imagination of the crypto world with their meteoric rises. However, expectations of Dogecoin soaring to $20 or Shiba Inu hitting $1 may be far-fetched. As the market evolves, new opportunities emerge that might offer better prospects for significant growth. Investors are starting to question whether it’s time to look beyond these popular tokens for the next big thing.

XYZVerse, a new memecoin uniting sports fans, aims to surpass the impressive gains of past tokens, offering an engaging platform that blends meme culture with athletic enthusiasm.

Score Big with XYZ: The New Meme Coin Heavyweight

The fans are losing it! The XYZ token is in the crypto ring, landing blows on the competition – bullshit coins, worthless farming schemes, and scam projects. Like a true champ, this first-ever all-sports meme token has fought its way through the bear market with fearless momentum and shows no signs of slowing down. With eyes set on a roaring thousand-fold growth, XYZ is destined to leave the 2024 meme coin triumphants like BOME and WIF trailing in its wake.

💰 Own the field, earn while the crowd plays 💰

XYZ is more than just a benchwarmer in the meme coin game; it’s creating the ultimate playing field with XYZVerse, where the thrill of sports meets the energy of meme culture. With a roadmap equipped with entertainment dApps, prediction markets, and sports betting options, XYZ is poised to draw in millions of gamblers ready to join the action.

Remember Polymarket’s massive $1 billion trading volume during the US election betting fever? XYZ is gearing up for an even bigger win in the GameFi arena, letting its stakeholders cash in on the perfect combo of meme coin vibes, sports hype, and crypto mass adoption.

💥 Missed meme coin supercycle? 💥

By capitalizing on the ever-expanding gambling niche, XYZ is set to become the G.O.A.T of meme coins. BOME’s 5,000% takeoff and WIF’s 1,000% year-to-date rally are now relics of the past because XYZ is set to explode by over 9,900% after the TGE and outshine its sensational predecessors. Get in the game early to secure your spot – currently undervalued, XYZ is going the distance to break new records!

🥇 Rallying the community, securing the win 🥇

XYZVerse will be the MVP in this bull run, giving the community the control to call the plays and steer the ecosystem’s direction. Active contributors will receive airdropped XYZ tokens as a reward for their dedication. With rock-solid tokenomics and plans for both CEX/DEX listings, XYZ is positioned for a championship run, ensuring a steady revenue flow and consistent token burns to keep the scoreboard in favor of a strong price and a thriving community.

>>The XYZ presale is live – don’t miss out on this knockout 99,900% opportunity!<<

Dogecoin (DOGE)

Dogecoin is making waves again, trading between $0.13 and $0.15. In the past week, its price jumped by nearly 14%. Over the last month, it soared by over 50%. However, over six months, the change is minimal at just over half a percent. Recent momentum is driving the coin upwards.

The coin is nearing its resistance level at $0.16. If it breaks through, the next target is $0.18. Surpassing these levels could lead to significant gains. Support levels at $0.12 and $0.0968 offer a safety net. The RSI of 48.37 shows a balanced market, while the MACD at -0.0023 hints at slight bearishness.

Technical indicators are mixed. The 10-day Simple Moving Average at $0.00001744 is below the 100-day SMA of $0.00001823, suggesting short-term bearishness. Yet, a Relative Strength Index of 38.87 and Stochastic of 23.83 are near oversold levels, which might lead to a rebound. The MACD at -0.0000002661 shows mild bearish momentum. Based on this data, SHIB’s price could rise if oversold conditions attract buyers or fall if bearish trends continue.

Shiba Inu (SHIB)

Shiba Inu (SHIB) has seen notable price changes. In the past week, it fell 2.99%. Over the last month, it rose 6.65%. However, over six months, SHIB decreased 30.21%. This shows the coin’s volatility in the crypto market.

Trading between $0.00001557 and $0.00001908, SHIB nears resistance at $0.00002096. A break above this could lead to $0.00002447, offering potential gains of about 20%. If it drops below current levels, support at $0.00001394 or even $0.00001043 may be tested, indicating possible declines of around 15% or more.

Technical indicators are mixed. The 10-day Simple Moving Average at $0.00001744 is below the 100-day SMA of $0.00001823, suggesting short-term bearishness. Yet, a Relative Strength Index of 38.87 and Stochastic of 23.83 are near oversold levels, which might lead to a rebound. The MACD at -0.0000002661 shows mild bearish momentum. Based on this data, SHIB’s price could rise if oversold conditions attract buyers or fall if bearish trends continue.

Conclusion

While DOGE and SHIB remain strong, XYZ offers a unique blend of meme culture and sports, aiming for 20,000% growth and community-driven success in the 2024 bull run.

You can find more information about XYZVersus (XYZ) here:

Site, Telegram, X

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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