The meme coin market is once more creating waves as Dogecoin (DOGE) and Shiba Inu (SHIB) witness a surge that attracts both traders and investors. The meme-coin mania is far from done; Dogecoin (DOGE) is looking at the $0.50 level and Shiba Inu (SHIB) is set for a breakthrough.
Dogecoin (DOGE) Aims for $0.50 and Beyond
With a little 1% rise and consolidation between the $0.35 and $0.49 area, the Dogecoin price has shown notable fluctuation over the previous week. Meanwhile, over the past month, the Dogecoin price surged explosively by more than 165%. Despite some opposition, this rally sent Dogecoin (DOGE) to a high of $0.48.
Nevertheless, the increasing upward momentum seen on the Dogecoin price chart points to the altcoin breaking beyond this level and maybe reaching $0.50 in the next few days. Dogecoin (DOGE) is considered one of the best cryptos to buy now as it shows great indications of bullish potential with its price volatility of 37.26% and 60% of green days in the previous 30 days.
With analysts projecting a price range between $0.36 and $1.10 by 2025, with an average prediction of roughly $0.59, Dogecoin (DOGE) has a bright future. Technical indicators— MACD, Moving Averages, and Momentum Oscillator—also suggest ongoing positive momentum, as seen on the Dogecoin price chart.
Shiba Inu (SHIB) Ready for a Breakout Amid Bullish Momentum
With its moderate performance a 1% rise over the previous week notwithstanding protracted consolidation—the Shiba Inu price has faced recent bearish pressure. The Shiba Inu price has remained range-bound, between $0.000023 and $0.000028, suggesting an approaching breakout.
Strong investor confidence shown by Shiba Inu’s (SHIB) over 40% surge in the previous month reflects its standing as one of the best cryptos to buy now. The Shiba Inu price chart shows a symmetrical triangular pattern, a classic forerunner of major price movement, which sets the scene for the altcoin perhaps pushing higher.
Shiba Inu (SHIB) has shown an amazing increase over the past year, rising by an astounding 200%, and its most recent technical signs indicate more hopeful momentum. On the Shiba Inu price chart, the Momentum Oscillator and MACD point to increasing bullish pressure, therefore indicating that the current rise is far from over.
