Shiba Inu (SHIB) and Dogecoin (Doge) are the two most exceptional coins in the cryptocurrency market. Their solid reputations in the market as robust meme coins speak volumes about their efforts to ascend to the top of the crypto radar. Both tokens have noted modest price upticks in October. Now that we approach November, investors can’t help but wonder whether both tokens will hit a new ATH this month.
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Shiba Inu (SHIB) Price Prediction
Shiba Inu is trading at $0.00001841, down 4% in the last 24 hours. According to Lucie, SHIB’s marketing lead, the token is all set to launch its own DAO, with a slew of products waiting to be launched. Lucie updated us earlier on how the SHIB ecosystem is preparing to unroll SHIB DeFi, SHIB Socials, and SHIB Marketplace to woo investors.
With such developments happening across the board, the price of SHIB may spike to touch new highs soon. CoinCodex predicts that SHIB may feel a new price of $0.00001856 for November by mid-November 2024.
“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 1.10% and reach $0.00001856 by November 21, 2024. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 70 (greed). Shiba Inu recorded 13/30 (43%) green days with 8.09% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a good time to buy Shiba Inu.”
Santiment earlier revealed that investors have largely been turning towards meme coins like SHIB and Doge to earn lucrative rewards. If this trend continues, it may help SHIB stabilize in the long haul.
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Dogecoin (Doge) Price Prediction
Dogecoin is also a noteworthy cryptocurrency that has lately been attracting heavy momentum. Despite the token’s modest price upticks this month, it continues to gain heavy speculative activity. Notable analyst Ali has shared a new price forecast for Doge, adding that it may soon hit an ambitious price mark of $10.
Per CoinCodex, Doge may also note a decline in November, possibly trading at a new low of $0.124387.
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -13.48% and reach $0.124387 by November 20, 2024. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 72 (greed). Dogecoin recorded 18/30 (60%) green days with 8.94% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
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