Shiba

Cryptocurrency

Dogecoin

Shiba Inu

<div class="finbold"> 
 <p class="paragraph">While New Year’s Eve is just around the corner, excitement is also growing in the <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency industry, as witnessed in the sector’s representative asset, Bitcoin (BTC), racing above the $43,000 price threshold and most other <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a><a rel="dofollow" title="currencies" href="https://thebittimes.com/tag/currencies.html">currencies</a> following its cue.</p> 
 <div></div>
 <p class="paragraph">With this in mind, Finbold has analyzed the crypto sphere to arrive at several digital currencies that might be a great buy this New Year’s if investors are inclined to spend their money not just on champagne and fireworks but also on crypto assets with great potential.</p> 
 <h2 class="wp-block-heading" id="h-1-shiba-inu-shib">#1 Shiba Inu (SHIB)</h2> 
 <p class="paragraph">As it happens, Shiba Inu (SHIB) has recently made a breakout, becoming another major ‘dog coin’ to join the wider <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> rally, according to the <a rel="dofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> by Jake Wujastyk, accompanied by a significant spike in trading volume in recent days, as Finbold reported on December 6.</p> 
 <figure class="wp-block-image aligncenter">
  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/6YQWyY3hpizCASOc7fJHjLIfgTHFCFcB-CnEEf6rJMjoYcCO7RDmR1a80nSr36VJ1aFOLrWvh2Hp_qxwH663gEGwJI16yplki9t55cMvQVTpRX45A45On-xxOcUEco2zcNFzsYkwQAKlp2QwF_Uyi3KYeqRlB-6iA_BURFys-EAhd0_63zNNw7DvQ3GOKQ" alt>
  <figcaption class="wp-element-caption">
   <em>SHIB price action analysis. Source: </em><em>Jake Wujastyk</em>
  </figcaption>
 </figure> 
 <p class="paragraph">Meanwhile, Shiba Inu was at press time changing hands at the price of $0.00000958, recording a decline of 3.24% on the day but still hanging onto a significant gain of 16.90% on its weekly chart and a 14.54% advance across the past month, as per the latest data.</p> 
 <figure class="wp-block-image aligncenter">
  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/-vnxWolGGXB-JEdskZ83Fs0X9vNBA9WkJNkc5ZNyOByaQbZ2fx3YJYt0QvqMBbcoEP_N5q5tt-sBZTsrbZdRkaFFNXwdZI62TyFUcaJ1dY2oWIo7X5cDxWYWOrLFMFBKLjKiNc5iWtYzrcLXMXqxSumrYV1Bj9LkjTL7SSDcIivDPhpWCK_5w3wDh2vxVw" alt>
  <figcaption class="wp-element-caption">
   <em>Shiba Inu 7-day price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure> 
 <h2 class="wp-block-heading" id="h-2-xrp-xrp">#2 XRP (XRP)</h2> 
 <div class="not-prose relative overflow-auto scrollbar-hide mb-8 mt-8"> 
  <div class="relative w-full flex gap-6 snap-x snap-mandatory overflow-x-auto"> 
   <div class="max-w-[300px]"> 
    <div class="py-0 first:pt-0 last:pb-0"> 
     <div class="flex gap-x-4"> 
      <div class="shrink-0  w-24"> 
       <img data-src="https://cdn.thebittimes.com/images/2023/12/07/2f89a4a81ff0893bc4b64cadd4928223.webp" alt class=" w-full rounded-md lazy"> 
      </div> 
      <div>
        Cryptocurrency 
       <h3 class="font-bold leading-6 " id="dogecoin-price-prediction-can-doge-reach-1"> Dogecoin price prediction; Can DOGE reach $1? </h3> 
       <div class="sm:flex gap-x-3 mt-2"> 
       </div> 
      </div> 
     </div> 
    </div> 
   </div> 
   <div class="max-w-[300px]"> 
    <div class="py-0 first:pt-0 last:pb-0"> 
     <div class="flex gap-x-4"> 
      <div class="shrink-0  w-24"> 
       <img data-src="https://cdn.thebittimes.com/images/2023/12/06/c089686e5f398fc54fe978bae036e5f8.webp" alt class=" w-full rounded-md lazy"> 
      </div> 
      <div>
        Cryptocurrency 
       <h3 class="font-bold leading-6 " id="shib-is-breaking-out-time-to-buy-shiba-inu"> SHIB is breaking out; Time to buy Shiba Inu? </h3> 
       <div class="sm:flex gap-x-3 mt-2"> 
       </div> 
      </div> 
     </div> 
    </div> 
   </div> 
   <div class="max-w-[300px]"> 
    <div class="py-0 first:pt-0 last:pb-0"> 
     <div class="flex gap-x-4"> 
      <div class="shrink-0  w-24"> 
       <img data-src="https://cdn.thebittimes.com/images/2023/12/07/ec986a44339a94dcc521485352e0a435.webp" alt class=" w-full rounded-md lazy"> 
      </div> 
      <div>
        Cryptocurrency 
       <h3 class="font-bold leading-6 " id="xrp-breakout-finally-on-horizon-expert-analysis"> XRP breakout finally on horizon? Expert analysis </h3> 
       <div class="sm:flex gap-x-3 mt-2"> 
       </div> 
      </div> 
     </div> 
    </div> 
   </div> 
   <div class="max-w-[300px]"> 
    <div class="py-0 first:pt-0 last:pb-0"> 
     <div class="flex gap-x-4"> 
      <div class="shrink-0  w-24"> 
       <img data-src="https://cdn.thebittimes.com/images/2023/12/07/a9b5d7954b7faa77d3189d461150f031.webp" alt class=" w-full rounded-md lazy"> 
      </div> 
      <div>
        Cryptocurrency 
       <h3 class="font-bold leading-6 " id="3-cryptocurrencies-under-1-to-buy-for-xmas"> 3 cryptocurrencies under $1 to buy for Xmas </h3> 
       <div class="sm:flex gap-x-3 mt-2"> 
       </div> 
      </div> 
     </div> 
    </div> 
   </div> 
   <div class="max-w-[300px]"> 
    <div class="py-0 first:pt-0 last:pb-0"> 
     <div class="flex gap-x-4"> 
      <div class="shrink-0  w-24"> 
       <img data-src="https://cdn.thebittimes.com/images/2023/12/07/3babc93d2921d708cefc7787531ee497.webp" alt class=" w-full rounded-md lazy"> 
      </div> 
      <div>
        Cryptocurrency 
       <h3 class="font-bold leading-6 " id="best-cryptos-to-buy-now"> Best cryptos to buy now </h3> 
       <div class="sm:flex gap-x-3 mt-2"> 
       </div> 
      </div> 
     </div> 
    </div> 
   </div> 
  </div> 
 </div> 
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment"> 
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;"> 
  </div> 
 </div> 
 <p class="paragraph">Although feelings were low about the price action of XRP after the Bitcoin takeoff, the token that has been at the center of the courtroom standoff between Ripple and the United Securities and Exchange Commission (SEC) has managed to make an upward move that might send it to $1.13.</p> 
 <figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper"> 
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">There is a vertical forming in the #xrp chart to at least $1.13 </p>— CoinsKid (@Coins_Kid) December 6, 2023
   </blockquote> 
  </div>
 </figure> 
 <p class="paragraph">In the meantime, the XRP token is presently trading at the price of $0.6332, which indicates a loss of 0.32% on the day, an increase of 5.49% across the week, and an 8.54% drop over the month, as demonstrated by the most recent charts retrieved on December 7.</p> 
 <figure class="wp-block-image aligncenter">
  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/AKeDsUmvBX0BqPrG2I06xxEHgk3cCAsblPR_G4ImYbGBFMsnjj_XSewArG3vJ1c5VaE5Ru1MZoJeIEgr1uvCxpIVc2Bv-T0FcXafoXmzrl2Y-9kP1v6pg-Op_G9ARXhlmf3wQISVqbs1UH62CV3OAmfoFyOLSrlsq3CVeoFrOdJCb8IGqoBpqZwJJqU7GQ" alt>
  <figcaption class="wp-element-caption">
   <em>XRP 7-day price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure> 
 <h2 class="wp-block-heading" id="h-3-dogecoin-doge">#3 Dogecoin (DOGE)</h2> 
 <p class="paragraph">Another meme coin to make its move in this cycle is Dogecoin (DOGE), which not only celebrated its tenth birthday on December 6 but also hit a price target at $0.10 previously set by Wujastyk, after which the stock and <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> trading analyst established another target at $0.19.</p> 
 <figure class="wp-block-image aligncenter is-resized">
  <img decoding="async" loading="lazy" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/muWT-r9BwdaOUDobSWVTG7_IeVMHuL8Q87Xe9Fi1G2o5Od3tWOclQpJpidw_fitZgxz4f813GW1eGB5WcyTIq9FiP731Y_v9fYyB5IIntv-etQr7yxCYcy0cJlskCuvj55vZqmaF_h8n3fFkNp4gtbOBEyNjfMsjO9hHGbkgSMCJaWtIB63yoKT4-rXzww" alt width="834" height="463">
  <figcaption class="wp-element-caption">
   <em>DOGE price action analysis. Source: </em><em>Jake Wujastyk</em>
  </figcaption>
 </figure> 
 <p class="paragraph">That said, Dogecoin has now retraced to $0.949 from the original breakthrough, having declined 7.68% in the last 24 hours. Nonetheless, it has demonstrated the strength that has led it to increase its value by 16.92% in the previous seven days and by as much as 26.66% across the past month.</p> 
 <figure class="wp-block-image aligncenter">
  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/lvkuzFv7xqA_w3wTP1-Ilz32Ng3dr0Lvv99_yGysSBZLOQfCSQEY167w5d_DZ1lb3pkR397pEV_4QrfRE6kutlmIG57tjKwUTvnjhCwyRU01Y4u9cNqsAJAyHBJMX5j08wy43i_fwUKuNhsclH917m1Feo7IeDz5ZeVVqB31Lah6-hWQkk77oFtoJoe0dw" alt>
  <figcaption class="wp-element-caption">
   <em>Dogecoin 7-day price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure> 
 <h2 class="wp-block-heading" id="h-conclusion">Conclusion</h2> 
 <p class="paragraph">To conclude, the above cryptocurrencies’ indicators have suggested that they are on the road toward more significant gains despite a temporary setback. Hence, this proves the need to carry out one’s own research and risk tolerance analysis before investing any significant portion of funds in them.</p> 
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p> 
 <p class="paragraph"> </p>
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/3-cryptocurrencies-to-buy-this-new-year-s-tbt72896.html">https://thebittimes.com/3-cryptocurrencies-to-buy-this-new-year-s-tbt72896.html</a></p>

3 cryptocurrencies to buy this New Year’s

Table of Contents

TheBitTimes

Other articles published on Dec 7, 2023

Legal Recourse Is Coming to Blockchain, Says Jurat CEO

JPMorgan Expected to Make a Breakthrough with Spot Bitcoin ETF

Ballies global service is now open!

Babylon Raises $18 Million in Series A Funding for Bitcoin Stake Protocol

Flipkart’s Evolution with Polygon CDK: Launching a Chain for FireDrops Expansion

Upcoming IDO on ChainGPT Pad: Serenity Shield

Join our free newsletter for daily crypto updates!