Top 6 Shiba Inu Rivals with 100x Potential
Amid a bearish trend for Shiba Inu (SHIB), rival coins are gaining investor attention, suggesting potential growth opportunities.
1. Dogecoin (DOGE): Trading at $0.095 with a market cap of $13.9 billion, Dogecoin's 30-day MVRV ratio is at -6.69%, indicating a potential reversal as short-term traders exit and long-term buyers enter.
2. Toncoin (TON): With a market cap of $11.82 billion, TON’s total active addresses have increased to 30.52K. Binance’s addition of TON to its Simple Earn Product list may boost its price.
3. Dogwifhat (WIF): Down 70% in the past five months, WIF is forming a falling wedge pattern, a bullish reversal signal. The funding rate increase to 0.0061% suggests strong investor confidence.
4. Polygon (MATIC): Despite a market correction, MATIC’s growing network and active address surge present significant upside potential. Currently trading at $0.3759, it offers growth potential as it transitions from MATIC to POL tokens.
5. TRON (TRX): Trading at $0.149 with a market cap of $12.95 billion, TRX has seen an increase in wallet balances, signaling growing investor interest.
6. Pepe Coin (PEPE): Trading at $0.0000071 with a $2.99 billion market cap, PEPE shows strong whale accumulation, with a significant increase in addresses holding large balances, indicating potential for recovery.
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