Dogecoin and Shiba Inu are making a comeback

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Dogecoin and Shiba Inu have been very volatile recently and have risen sharply in recent days. This could mean that the meme coins are back and investors are taking notice. The recent rise in Dogecoin and Shiba Inu indicates that meme coins are picking up again.

These cryptocurrencies allow investors to profit from their favorite memes and trends, an alternative to usual investments. More people are learning about cryptocurrencies and meme coins are growing in popularity as a result of having fun and profit.

The recent increase in the price of Dogecoin and Shiba Inu shows that investors are very excited about new opportunities and that meme coins will remain relevant for a long time to come.

DOGE is back! The most bought cryptocurrency in 2021 will return in 2023

According to the top cryptocurrency wallet tracker, WhaleStats, many whales have reinvested in Dogecoin. Dogecoin is the first and largest meme coin.

WhaleStats shared in a tweet that Dogecoin is now among the 10 most bought whale cryptocurrencies on the Binance Smart Chain in the last 24 hours.

DOGE has risen in recent days, moving from $0.08022 to $0.09160. This growth of 14.2% has only reversed. The original meme coin is still up 22% in the last 6 days.

The DOGE price, like other altcoins, has risen due to Bitcoin’s growth in recent days. Bitcoin price has almost hit $22,000 which is very impressive.

The top 100 investors in the Binance chain have less than 1% of their total portfolio in DOGE. These meme coins have a total value of $7,349,835.

Dogecoin price

Dogecoin price is at $0.0850, with a trading volume of $842 million in the last hour. The meme coin is down 2% but in the last 7 days it is up 20%. Dogecoin is ranked 9th on CoinMarketCap with a live market cap of $11 billion.

Dogecoin Price Chart - Source: Tradingview
Dogecoin Price Chart – Source: Tradingview

DOGE expects to find resistance near $0.090 and a break from this level could push the price towards $0.1050. If Dogecoin breaks below its USD 0.075 support, the price may fall towards USD 0.065.

What did the whales do when SHIB announced his metaverse?

A large number of SHIB tokens were traded by a crypto whale before the Shiba Inu metaverse went live. This has caused a lot of chaos in the crypto sector and is likely to have a big impact on the launch of the Shiba Inu metaverse.

The whale activity tracking platform, Whale Alert, reported that 3.32 billion SHIB tokens were moved from one unknown address to another, worth around $30.48 million.

The addresses in the transaction are not tied to any crypto exchange, so it is unlikely that this move is related to a purchase of a trending meme coin.

Shiba Inu recently announced a major SHIB transfer. This came in addition to the goal of unveiling a new metaverse at the upcoming South by Southwest festival in Austin, Texas.

The WAGMI Temple, one of the 11 locations in the Shiva Inu metaverse, will be introduced via Virtual Reality (VR).

Shiba Inu course

Shiba Inu price is at $0.000010 with a trading volume of $492 million in the last 24 hours. The meme coin is down 3% after gaining 20% ​​for the week. SHIB is ranked #16 on CoinMarketCap with a live market cap of $5 billion.

Shiba Inu Price Chart - Source: Tradingview
Shiba Inu Price Chart – Source: Tradingview

The resistance for SHIB is at $0.000010 and a breach of this could push the price towards $0.000011.

The support is also around $0.000010 and a break from this could lower the price towards $0.000009. The 50-day moving average points to a buying trend above $0.000009, so keep an eye out for buying opportunities today.

If the price breaks through $0.0000107, there is a new opportunity to buy.

Don’t Miss These Altcoins That Can Go x3

The cryptocurrency market has turned bullish and many cryptocurrencies are rising as a result. It is important to track Shiba Inu and Dogecoin – in addition to a number of other altcoins – in order to profit.

It is also important to look at alternatives that are still at an early stage and have a lot of room to rise. By paying attention, you can make better decisions for your portfolio.

Tamadoge (TAMA)

Tamadoge is a brand new play-to-earn meme coin, with the ability to rise quickly. After its initial launch, it has garnered a lot of attention, collecting more than $19 million in pre-sales by the deadline.

Tamadoge is an online game that allows users to explore the digital world of the Tamaverse and raise Tamadoge NFT pets. Players gain additional benefits by raising these pets with items from the in-game store. Each time they increase their rank, they earn Dogepoints.

As you collect more Dogepoints, you move up the leaderboard and gain access to a larger portion of the prize pool.

The Tamadoge pre-sale is completely sold out and raised many millions. Then, when listed on the OKX exchange, the token jumped from $0.03 to $0.197, more than 500%.

Tamadoge Price Chart – Source: Tradingview

TAMA price is now at $0.014 and if TAMA can rise further, the price can move towards $0.01680.

Meta Masters Guild (MEMAG)

Meta Masters Guild is a mobile gaming guild that combines Web3 and gaming to make money. The games will operate on the Ethereum blockchain and use NFTs and prizes that can be exchanged for the native MEMAG, which can be sold or used for bets.

The Meta Masters Guild presale consists of seven phases and the MEMAG token is now available for $0.007. Even before the token is listed, the price will hit $0.023, a 228.5% increase for investors buying in the first phase. The platform expects to grow rapidly after the launch of their first game, Meta Kart Racers, in the second quarter of 2023.

The MEMAG token can grow even faster if the cryptocurrency market continues to rise.

Fight Out (FGHT)

Fight Out (FGHT) is a platform that acts as your personal trainer, but this trainer rewards you for completing physical exercises. Fight Out’s app tracks your physical movement to reward you and improve your own metaverse avatar.

The FGHT token presale has already raised over $2.9 million and the token is on sale for $0.0166 each before increasing to $0.0333 in the next phase. If you invest in Fight Out now, you will get up to 50% extra tokens.

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