The post Shiba Inu And Dogecoin News: Investors Shift Their Attention To Yeti Ouro At $0.021 appeared on BitcoinEthereumNews.com.

Key Insights Dogecoin and Shiba Inu are two of the largest memecoins on the market by capitalization. Both of these coins performed extraordinarily in the last week. This week, however, the bears might retake control and push prices downwards. Yeti Ouro presents a unique solution to these issues with its ongoing presale price of $0.012 Dogecoin and Shiba Inu are two of the largest memecoins on the market in terms of market cap. Over the last week, they have both led the rest of the memecoin market upwards in what turned out to be a successful rally. Dogecoin alone has been up by as much as 80% on the weekly timeframe, with Shiba Inu trailing behind with as much as 50%. – Advertisement – The largest memecoin performances / Source: CoinMarketCap This week, however, investors have made massive gains from both of these cryptocurrencies and are looking towards taking profits.   Per data from CoinMarketCap, these cryptocurrencies are struggling at important resistance levels and could be on the way toward plummeting any minute now. Luckily, a new memecoin, Yeti Ouro, has stepped up to the challenge. This relative newcomer is now receiving investors as they abandon two of the biggest juggernauts in the memecoin space. Should you join this train of investors? Let’s find out! – Advertisement – Dogecoin According to data from CoinMarketCap, Dogecoin is still holding on to most of its gains on the daily and weekly timeframes, as illustrated. Dogecoin’s price performance / Source: CoinMarketCap The likelihood of profit taking is evident in the charts, as shown by the memecoin’s inability to break through $0.3. Dogecoin’s price action / Source: TradingView Dogecoin exploded to the upside right after escaping the cup and handle formation shown above. If the bulls are unable to push through the $0.3 price level,…

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Filed under: News - @ November 12, 2024 1:23 pm