Dogecoin and Shiba Inu Prices Pump While New Meme Coin Hits 1.6 Million
The post Dogecoin and Shiba Inu Prices Pump While New Meme Coin Hits 1.6 Million appeared on BitcoinEthereumNews.com.
The cryptocurrency market has been in recovery mode throughout 2023 and has finally resulted in significant gains since late October. The fourth quarter is traditionally the time of the year when crypto markets explode. With Bitcoin’s halving event just around the corner, investors are looking for the next high-return potential platform to invest in. Dogecoin and Shiba Inu are the leading investment options in meme coin markets, but they may not be the choice that offers the highest return potential. A new platform, Meme Kombat, has hit a $1.6 million milestone in presale, showing massive growth potential. So, let’s see what’s happening with the meme coin markets and why you won’t like to miss investing in emerging platforms like Meme Kombat. >>> Buy Meme Kombat Now<<< Dogecoin Showing Bullish Indicators Meme coin markets have evolved exceptionally quickly in the past few weeks. The leading token – DOGE, has gained over 33.42% in the past two weeks, showing strong bullish signs and increased potential for future growth. The price of DOGE tokens has been rising steadily, surpassing the first support point of $0.07174 faster than expected. Moreover, it plowed right through the 10-day moving average of $0.07166, and considering that it held its ground, it kept growing to $0.07729, increasing gains for all token holders. The platform has a stable market cap of around $11 billion, but the daily trade volume is dropping, which could signal a bearish phase. However, as rumors that the social network X (formerly Twitter) will be accepting DOGE tokens as payment soon spreads, the token is likely to keep growing in late 2023 and early 2024. That said, Dogecoin won’t become the next $1 meme coin soon, but it could keep rising to $0.1 in the next few months. >>> Buy Meme Kombat Now<<< Shiba Inu…
Filed under: News - @ November 18, 2023 10:14 am