Shiba Inu (SHIB) and Dogecoin (DOGE) are the two most unique coins in the cryptocurrency market. As powerful meme coins, their strong reputation in the market fully demonstrates their efforts to climb to the top of the cryptocurrency radar. Both tokens experienced moderate price increases in October. Now as we approach November, investors can’t help but wonder if these two tokens will reach new all-time highs this month.
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Shiba Inu (SHIB) price prediction
The trading price of Shiba Inu is $0.00001841, a 4% decrease in the past 24 hours. Lucie, the marketing director of SHIB, stated that the token will launch its own DAO and has a series of products waiting to be released. Lucie earlier introduced to us how the SHIB ecosystem is preparing to launch SHIB DeFi, SHIB Socials, and SHIB Marketplace to attract investors.
With the comprehensive development of these events, the price of SHIB may soon skyrocket to new highs.
CoinCodex
It is predicted that SHIB may experience a new price of $0.00001856 by mid-November 2024.
“Based on our current Shiba Inu price prediction, the price of Shiba Inu is expected to increase by 1.10% and reach $0.00001856 by November 21, 2024. According to our technical indicators, the current sentiment is bullish, and the fear and greed index shows 70 (greedy). Shiba Inu has recorded 13 out of 30 (43%) green days, with a price volatility of 8.09% in the past 30 days. According to the Shiba Inu forecast, now is a good time to buy Shiba Inu.”
Earlier, Santiment revealed that investors have largely shifted towards meme coins like SHIB and DOGE to gain substantial returns. If this trend continues, it may contribute to the long-term stability of SHIB.
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Dogecoin (DOGE) price prediction
Dogecoin is also a noteworthy cryptocurrency that has recently gained strong momentum. Despite a slight price increase this month, it continues to attract significant speculative activity. Renowned analyst Ali shared a new price prediction for DOGE and added that it could soon reach an ambitious price of $10.
According to CoinCodex, DOGE may also experience a decline in November, possibly reaching a new low of $0.124387.
“Based on our current Dogecoin price prediction, by November 20, 2024, the price of Dogecoin is expected to decrease by -13.48% and reach $0.124387. According to our technical indicators, the current sentiment is bullish, and the fear and greed index shows 72 (greedy). Dogecoin has recorded 18 out of 30 (60%) green days in the past 30 days, with a price volatility of 8.94%. According to the Dogecoin forecast, now is a good time to buy Dogecoin.”
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