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What are the potentials of Meme Coin compared to top cryptocurrencies?
Disclaimer: Opinions expressed herein are not investment advice. It is provided for informational purposes only. It does not necessarily reflect the views of U.Today. All investments and all transactions involve risk, so you should always conduct your own research before making any decision. We do not recommend investing money that you cannot afford to lose.
The Bulls are looking to get back into the game with: some coins Already traded in the green zone.
DOGE price has increased 3.81% over the last 7 days.
DOGE continues to build up strength for further moves as the price is in the middle of a wide channel.
If buyers want to take the lead, the rate should return to the nearest resistance zone near $0.064.
DOGE is trading at $0.06210 at the time of writing.
SHIB failed to show the same weekly growth rate as DOGE as the price rose only 0.85%.
From a technical point of view, SHIB trades similarly to DOGE. This is because the meme coin also does not accumulate enough strength for further moves. Growth is likely to be possible only if interest rates reach $0.0000118. In that case, we could see a medium-term bull market.
SHIB is trading at $0.00001107 at the time of writing.
