Shiba Inu (SHIB) and Dogecoin (DOGE) are two of the largest and most popular memecoins on the market. DOGE was launched in 2013 and has the advantage of being the first memecoin. However, SHIB has made significant progress in the market since its debut in 2020. DOGE is currently the 10th largest cryptocurrency by market cap, while SHIB is the 12th largest cryptocurrency.
SHIB often considers itself the "DOGE killer" and has made significant progress in its nearly four-year history. On the other hand, DOGE has a higher adoption rate and a larger market cap. SHIB's market cap is around $14.1 billion, while DOGE's is around $21.8 billion. Despite this, both assets have a loyal fan base and huge demand.
According to ChatGPT-4, Shiba Inu (SHIB) will be a better investment in the summer of 2024. The chatbot listed ongoing projects such as Shibahub, ShibaEternity P2E, K9 Finance, and ShibaSwap 2.0 as possible catalysts for the asset’s price. ChatGPT also highlighted the strength of SHIB’s loyal community.
How high can Shiba Inu (SHIB) and Dogecoin (DOGE) go in June 2024?
CoinCodex paints a bullish picture for SHIB’s trend in the coming weeks. The platform predicts that SHIB will break through the $0.00008 level in June and reach $0.00008228 on June 17, 2024. Reaching $0.00008228 from current levels would mean an increase of nearly 244%.
Changelly also predicts that BTC will rise in the coming weeks. The platform expects the dog-themed cryptocurrency to reach $0.00008324 on June 16, 2024.
On the other hand, CoinCodex expects DOGE’s price to take a hit in the coming weeks, falling to $0.130 on June 18, 2024. A drop from current levels to $0.130 would mean a drop of nearly 14%.
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