🔥💥Meme Coin Craze! These 2 Meme Coins May Explode in 2024
#Dogecoin Is Rising Despite the Negativity in the Market
Despite the recent wobble in the crypto market, Dogecoin continues its impressive rally, keeping the Sunday alive with a tremendous increase of 13% this week and 106% since the beginning of the year. This flexibility attracts attention, especially given the general perturbations of the market.
First, Coinbase is jumping ship by announcing the upcoming launch of Dogecoin futures trading. This move confirms the amazing enduring power and development of Dogecoin. Secondly, the luxury car manufacturer Ferrari's acceptance of Dogecoin as pay has created a positive excitement and a temporary price increase.
But Dogecoin is now more than just a meme. It has a passionate, drive-or-die community and a development team focused on delivering benefits in the real world.
#ShibaInu Expects a 175% Increase in May
Analysts are predicting a potential boom for this feverish fledgling money in May, with forecasts as high as a 175% price increase by the end of the month.
The burn rate of Shiba Inu tokens has gone through the roof, significantly reducing the circulating supply and potentially sending the price into orbit. Also, the extremely loyal Shiba Inu community is the main reason for the coin's past success, and they're not going anywhere.
This bullish outlook is not just about hot air. The Shiba Inu has already reached a staggering increase of 1.5% this week and 159% since the beginning of the year.
The Shiba Inu ecosystem is developing with projects such as Shibarium and Doge Killer Decentralized exchange and is increasing excitement among investors. Also, if Bitcoin manages to break all-time highs, this positive sentiment could spread and benefit Shiba Inu as well.
