The post Shiba Inu (SHIB) and Dogwifhat (WIF) Poor Performance Push Investors to New Crypto Presale appeared on BitcoinEthereumNews.com.

It seems that the trends in the market have changed for Shiba Inu and Dogwifhat after the bull run of last month. Meanwhile, a new DeFi project called Rollblock has been garnering attention across the crypto space despite these top crypto coins performing poorly. Recently, RBLK has gone up by 40% and the analysts are predicting more rise in the coming weeks. Shiba Inu (SHIB) Shibarium Metrics Pumps, SHIB Price Drops  There are two metrics on the Shiba Inu (SHIB) layer2 blockchain known as Shibarium that have increased within a day. First of all, the number of new accounts on the blockchain has increased by about 3436%. Using the Shibariumscan, the number of active accounts rose from 30 to 1,031.   Another important parameter is transaction volume within the network, which has also increased by 80%, from 4,751 to 8,527. Even though this is the case, both metrics depict the Shibarium network users’ engagement rising, yet this did not affect SHIB’s price. Data from CoimMarketCap shows that the price of Shiba Inu, one of the top meme coins, has dropped by 7% in the past week. This fall has influenced investors to look for other better altcoins to invest in rather than the market of today.   Dogwifhat (WIF) Under Mixed Sentiment  Like Shiba Inu, Dogwifhat (WIF) is one of the top meme coins that is currently battling with bears at the weekly timeframe. Data from CoinMarketCap shows that the price of Dogwifhat has dipped 6% within this timeframe. Although Dogwifhat has recorded a loss on the weekly chart, the bi-weekly chart shows a profit of 24%. Recently, Dogwifhat has been changing ownership in the $3.10–$3.89 price range. Analysts have suggested that Dogwifhat could be worth $4 in the near future. This can be the case if the Dogwifhat joins the bullish…

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Filed under: News - @ June 9, 2024 10:02 pm