DOGE Coin: Promising Investment Opportunity or Just a Phenomenon?
In recent years, Dogecoin (DOGE) has become one of the most prominent cryptocurrencies in the world, and it continues to attract attention thanks to its wide popularity on social media platforms and the support of celebrities like Elon Musk. But is DOGE worthy of being part of an investment portfolio? Let’s take a deeper look at this coin and understand its potential in the world of investment.
A comprehensive vision for an AI-based cryptocurrency project. Just an opinion.
Currently, there are several cryptocurrency projects based on AI technologies, but they differ in their applications and goals. Some focus on data analysis and market forecasting, while others aim to provide customized services such as asset management or security. Among these currencies:
SingularityNET (AGIX):
This platform allows users to buy and sell AI services using its AGIX token. The idea is to build a decentralized AI network.
1. 2024-2025: TON is expected to remain in an upward trend if the digital markets continue to grow. Some estimates suggest that the price could reach $15-20, especially if its network and technology expand into practical applications.
2. 2028 and beyond: In the long run, if TON is adopted as a global decentralized payment currency, it could reach $50 or more. But this depends on market conditions, technology development, and its acceptance in global markets.
Is investing in DOGE a good option? Dogecoin (DOGE), which started out as a digital joke in 2013, has seen remarkable transformations over the years, evolving into one of the most popular cryptocurrencies in the world. Backed by a strong community and the interest of prominent figures like Elon Musk, DOGE has exceeded expectations, but the most important question remains: is investing in DOGE now a good option?
Dogecoin (DOGE), which started out as a digital joke in 2013, has seen remarkable transformations over the years, evolving into one of the most popular cryptocurrencies in the world. Backed by a strong community and the interest of prominent figures like Elon Musk, DOGE has exceeded expectations, but the most important question remains: is investing in DOGE now a good option?
Advantages of SOL coin and should you invest in it?
#Here's a topic you can post on the Binance app about a rising coin:
Solana (SOL) is one of the fastest blockchains to emerge in the cryptocurrency world, gaining widespread popularity due to its high transaction speed and low transaction costs. Solana is among the assets that are showing strong growth in the market, making it an attractive option for investors and traders alike.
Here’s Why Shiba Inu’s (SHIB) 10% Daily Correction Could Be Good News: Analysts
TL:DR;
Shiba Inu surged on Sunday but retraced hard on Monday, alongside the rest of the market.
However, certain analysts believe this could be the calm before the storm, and they even envision a new all-time high for the popular meme coin.
SHIB’s Monday Downfall
CryptoPotato reported yesterday the positive price developments around the second-biggest meme coin. At the time, SHIB was the top performer from the larger-cap alts, having surged by over 15% on a 24-hour scale. As a result, SHIB skyrocketed to its highest levels since March this year of over $0.000033.
However, the entire crypto landscape changed on Monday, with many assets plunging hard. Bitcoin, for example, dumped from over $98,000 to under $95,000 amid some potential profit taking from whales.
Shiba Inu’s largest native token was not spared either, dumping by nearly 10% on a daily scale to well below $0.00003. However, popular X analyst Diamond-Hands noted that SHIB’s correction could be over now, and the asset seems primed for a new wave up from this point.
Correction done on $SHIB
WE MIGHT GET ANOTHER WAVE UP FROM HERE #ShibaInu https://t.co/Buw6BtI6CV pic.twitter.com/h6M0Uwz6jB
— DIAMOND-HANDS (@TamngwaB) December 2, 2024
Ali, another well-known technical analyst, has $0.000037 in sight and believes the asset could reach that level as long as it remains above the crucial support at $0.000025, which still holds.
Naturally, there are certain SHIB-related pages that continue to be highly bullish about the asset’s perspective in the near future, highlighting the potential of reaching a new all-time high. To do so, SHIB would need to triple its price from its current levels as its ATH stands at $0.00008616, according to CoinGecko.
Major Strength
Javon Marks told his nearly 50,000 followers on X that the meme coin’s rally over the weekend had confirmed “another bull pattern,” which shows its potential to be “further joining the bull show.” As such, the analyst noted that $0.000081 is still in play, meaning that SHIB could soon indeed target that aforementioned ATH.
$SHIB (Shiba Inu), after recently confirming another bull pattern, looks to be further joining the bull show as prices are now showing signs of MAJOR STRENGTH!
With holding breakouts implying that $0.000081 target to still be in play, these prices can be subject to another… https://t.co/CKpxZb7CMh pic.twitter.com/lu2QT5FzEg
— JAVONMARKS (@JavonTM1) December 1, 2024
The post Here’s Why Shiba Inu’s (SHIB) 10% Daily Correction Could be Good News: Analysts appeared first on CryptoPotato.
KAIA Coin's Amazing Jump Is It Worth Investing Now?
KAIA has seen a massive surge of over 49.66% in the past 24 hours, currently trading at $0.3607, with a daily trading volume of $394.77 million and a market cap of $2.12 billion. This is one of the strongest performances in the cryptocurrency market this week, with the coin up 85.57% in just seven days.