Cryptocurrencies that may see a price rise in the next months are attracting the attention of investors. Although Ethereum and Bitcoin, which are centralized assets, are unlikely to undergo major changes in the last quarter of 2024, initiatives such as Shiba Inu, Bitnance, and Dogecoin have a chance to outperform the average.

In the five months after their March optimistic top, digital currencies have mostly remained flat or even lost value. There are a lot of opportunities to choose a winning token this year to recoup losses, and this trend eventually pushes investors to seek out larger risks and better profits.

Are Shiba Inus on the Upswing?
Since reaching its all-time high of $0.00003592 on March 3rd, the popular memecoin "Shiba Inu" has underperformed. The ambitious Ethereum-based project has been losing money for the last year, yet it's still making money now, up 74%.

Actually, this is $SHIB's most lucrative season in over three years. As we near the end of 2024, the token's value might be boosted by the addition of a new Decentralized Autonomous Organization (DAO) to the ecosystem.

Shiba Inu's marketing lead LucieSHIB dropped major hints regarding the imminent DAO launch on Monday. By joining the DAO, $SHIB token holders will be able to have a say in the project's destiny by participating in network governance. LucieSHIB stressed that smaller holders' combined strength might offset the effect of whales and other bigger investors.

All stakeholders, regardless of their stake size, will have a say in the project's governance via this method, which attempts to promote fairness. Also, LucieSHIB brought up the possibility that investors could have to hold their assets on-chain if they want to participate in the new DAO.

The new DAO has investors hoping that $$SHIB ill finish the year around its annual ATH of $0.000035. The present value of assets would increase by 60% due to this possible price change from $0.00001368.

Dogecoin, Shiba Inu's major memecoin rival, is another project that can see a price increase by year's end 2024.

The world's first meme token, now worth $0.09983, has been stuck in "Doge limbo" since its 175% spike in March. But ever since then, the currency has struggled to outperform its rivals.

Even if the market valuation of all cryptocurrencies increased by almost 160% last year, the 50% surge in Dogecoin's value raises eyebrows. Moreover, $DOGE underperformed not just Bitcoin and Ethereum but even Shiba Inu.

But it doesn't rule out the possibility of a return to the dog days. Elon Musk, the largest supporter of the cryptocurrency, has recently dropped hints that his firm Starlink would accept $DOGE too.

Musk vented his frustrations on X during his recent legal battle with Alexandre de Moraes, a Brazilian supreme court justice, about the judge's decision to restrict Brazilians from using the platform and to freeze Starlink's bank accounts as a form of revenge.

The multibillionaire Musk made passing references to the idea of utilizing Dogecoin as a payment option to get around the Brazilian penalties while ranting about it on social media. On its own, this option would greatly enhance $DOGE's usefulness, perhaps leading to a substantial pump by the end of 2024.

In the space of a few hours on September 2nd, this nuanced indication was sufficient to propel a 5% surge. The memecoin's potential to reach $0.16 in June, a 60% rise from now, is not negligible, provided the billionaire decides to proceed with the Doge/Starlink collaboration.

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