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The prices of Shiba Inu, Dogecoin, Pepe, and DogWifHat currencies rise, and experts hint at the emergence of a strong new competitor.
The prices of Shiba Inu-SHIB, Dogecoin-DOGE, Pepe-PEPE, and Dogwifhat (WIF) have recently increased as optimism in Bitcoin’s performance extends to meme currencies, and some experts point to the emergence of a new, lesser-known player that may represent the awaited opportunity. For massive returns, it is Smog (SMOG).
The prices of the SHIB, DOGE, PEPE, and WIF currencies witnessed an increase in the range of 100-400% during the last 7 days, according to the CoinMarketCap website, and while the market value of the PEPE and WIF currencies increased, recording 3 and 1.3 billion dollars, respectively, their counterparts for the DOGE and SHIB currencies reached approximately 25 and 18.5 billion. dollars respectively.
Meme currencies are recording highs, but which currency can achieve major successes later? – Source: CoinMarketCap Given their current massive market capitalization, DOGE and SHIB may struggle to achieve gains beyond the 2-3x range, while PEPE and WIF can rise by about 10x.#MemeWatch2024
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