Shiba Inu and Dogecoin are two dominant meme tokens in the cryptocurrency space. Both coins have experienced significant price gains, establishing independent price reputations in their respective fields.

However, 2024 has been a pretty lackluster year for both coins. Doge and SHIB have yet to see a “surprising” price surge that would help bring investors the returns they were looking to accumulate and build. Will Shiba Inu and Dogecoin hit new all-time highs by the end of this month? Let’s find out.

Shiba Inu Price Prediction


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Source – Token Metrics


Shiba Inu has built an independent reputation and is now expanding its ecosystem. With the news that the Shiba Inu stablecoin is officially under construction, the token is bound to gain more support from investors as the market is always looking forward to accepting new elements of change.

According to CoinCodex’s forecast, SHIB may reach a modest price high by the end of this month in 2024. The coin is currently priced at $0.00001784.

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Image: CoinCodex


“According to our current Shiba Inu price prediction, the price of Shiba Inu is expected to increase by 0.68% to reach $0.00001758 on November 13, 2024. According to our technical indicators, the current sentiment is bullish while the Fear-Greed Index is 48 (Neutral). In the past 30 days, Shiba Inu recorded 14/30 (47%) green trading days with a price volatility of 12.32%. According to the Shiba Inu prediction, now is a good time to buy Shiba Inu.”

Dogecoin Price Prediction


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Source – Decrypt

Dogecoin is another key meme coin that is often referred to as the leading meme coin dominating the cryptocurrency space. The year 2024 has been bearish for Doge, with the coin trending down for most of the time and failing to record new price gains.

In the recent Doge drop, Ali, a well-known cryptocurrency analyst, said that despite the low momentum of Doge, the number of active addresses of Dogecoin has reached 133,880, which shows strong user support.

Dogecoin active addresses recently surged to 133,880 — an 8-month high! pic.twitter.com/DojEsDscXk

— Ali (@ali_charts) October 12, 2024

According to CoinCodex’s forecast, Doge may fall further by the end of October 2024. The coin may drop by 13% and touch a low price of $0.94. It is currently trading at $0.1118.

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Image: CoinCodex

“According to our current Dogecoin price prediction, the price of Dogecoin is expected to drop by -13.53% to reach $0.094601 on November 13, 2024. According to our technical indicators, the current sentiment is neutral while the Fear-Greed Index is 48 (Neutral). In the past 30 days, Dogecoin has recorded 16/30 (53%) green trading days with a price volatility of 6.00%. According to the Dogecoin prediction, now is a good time to buy Dogecoin.”