Shiba Inu

Bonk

<p>Bonk (BONK), a Solana-based meme coin, has recently taken center stage, seeing a tremendous 500% increase over the past month following the listing on Binance. Bonk has even outperformed PEPE, making it to the top 3 <a href="https://cryptodaily.co.uk/tag/meme-coins" rel="noopener noreferrer nofollow">meme coins</a> by market cap. However, Dogecoin (DOGE) and Shiba Inu (SHIB) are still holding the fort at the peak. Will they dodge the PEPE fate or face a meme showdown? This article delves into the technical indicators to answer this question.</p><p>In the midst of this crypto frenzy, it would be a shame to miss the opportunity to invest in a promising project at an early stage. <a href="https://scapesmania.io/?utm_source&#61;cryptodaily&amp;utm_medium&#61;mmedia&amp;utm_campaign&#61;SHIBDOGE" rel="noopener noreferrer nofollow">ScapeMania </a>continues to offer its MANIA tokens at an attractive price.</p><h2 id="header-0">Ride The Wave Of Innovation With ScapesMania</h2><p>While some are facing an uncertain future, the trajectory of a presale project is far easier to predict. ScapesMania (MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. Through DAO governance, backers will be able to influence and benefit from a multi-billion-dollar industry. A wide range of features paired with the best technology, a professional team, and a long-term, highly ambitious vision can make <a href="https://scapesmania.io/?utm_source&#61;cryptodaily&amp;utm_medium&#61;mmedia&amp;utm_campaign&#61;SHIBDOGE" rel="noopener noreferrer nofollow">ScapesMania</a> the next big thing in crypto. Presale discounts and stage bonuses only add to the project&#39;s appeal.</p><h2 id="header-1">Presale is Live Now - Join Now for a Chance to Benefit with MANIA</h2><p>Backed by an award-winning developer crew, ScapesMania stands for transparency: every member’s social media profile is public. The project can achieve this not just by bringing big innovation to the game, but by putting its community front and center. Driving customer engagement and making sure that everyone benefits through great tokenomics and generous rewards is what makes ScapesMania the project with a bright future ahead.</p><p><a href="https://scapesmania.io/?utm_source&#61;cryptodaily&amp;utm_medium&#61;mmedia&amp;utm_campaign&#61;SHIBDOGE" rel="noopener noreferrer nofollow">Presale is Live, Learn More About Major Benefits</a></p><h2 id="header-2">Dogecoin (DOGE) Price Analysis</h2><p>The on-chain metrics for<a href="https://cryptodaily.co.uk/tag/dogecoin" rel="noopener noreferrer nofollow"> Dogecoin (DOGE)</a> are unveiling heightened activity, signaling potential for future upward movements. According to data from IntoTheBlock, the In-the-Money indicator stands at 64%, indicating a prevailing number of investors in profit. Drawing insights from historical price trends and statistical indicators, the coin appears to be at a healthy level, possibly positioning itself for a recovery. The soon-to-happen launch of the DOGE-1 satellite adds an exciting element, hinting at a potential surge for Dogecoin.</p><p>While DOGE has been experiencing a downward trajectory since December 17, recent indicators suggest a reversal. The coin is trading within the range of $0.0870 to $0.0890, rebounding from its recent low of $0.0860.</p><p>However, the analysis of oscillators reflects some market indecision. Both the RSI and Stochastic oscillators stand at 47 and 33, respectively, indicating that DOGE has yet to determine whether it is in an overbought or oversold condition.</p><p>In the short term, the trend for Dogecoin appears bearish, given that the current price is below the 10-day SMA at $0.0953 and the 10-day EMA at $0.0935. Despite this, a more optimistic outlook emerges from the longer-term analysis, suggesting bullish potential. The 100-day SMA is positioned at $0.0774, and the 100-day EMA stands at $0.0721. Traders should carefully monitor these levels for potential shifts in market sentiment.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/ec68f04d43104f6cb20b09b17f032a30.png" /></p><h2 id="header-3">Dogecoin (DOGE) Price Prediction</h2><p>Despite less favorable short-term indicators, DOGE has the potential to exhibit resilience, thanks to significant interest from holders. If the coin can establish a foothold above $0.0790 and withstand bearish pressure, traders may anticipate a test of resistance at $0.0923. A more ambitious target on the upside, achievable in the longer term, is set at $0.1009.</p><p>However, if buyers fail to sustain growth and the correction persists, the $0.0704 level is identified as the nearest downside target. In an unlikely worst-case scenario, a slide to $0.0571 could occur. These levels should be closely monitored for potential reversal signs, presenting an opportunity to buy at a lower price.</p><h2 id="header-4">Shiba Inu (SHIB) Price Analysis</h2><p>Surprisingly, <a href="https://cryptodaily.co.uk/2023/12/are-dogecoin-doge-shiba-inu-shib-and-floki-inu-floki-poised-for-a-surprise-bull-run" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a> has witnessed a remarkable surge in large transactions, totaling an impressive $110.53 million, as reported by on-chain metrics from IntoTheBlock. This unprecedented activity signifies an astonishing 275% increase. Notably, this surge occurred amidst a significant price drop for the Shiba Inu token, with a decline of over 11%, plummeting from $0.00001195 to $0.0000099 in the past day. On-chain statistics reveal that the most substantial players not only weathered the storm but actively accumulated more SHIB during this period.</p><p>As of the current writing, SHIB is trading within the range of $0.0000085060 and $0.000009435. The RSI indicator, standing at 54, suggests a slight inclination towards bullish momentum. This bullish sentiment is reinforced by the MACD indicator at $0.0000004830.</p><p>The short-term trend appears bearish, with the 10-SMA at $0.0000100745 and the 10-day EMA at $0.0000100552. However, the longer-term prediction is bullish, as the 100-day SMA is at $0.0000080440 and the 100-day EMA is at $0.0000085350.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/efe0566ab31b4f77b075181d2756cc91.png" /></p><h2 id="header-5">Shiba Inu (SHIB) Price Prediction</h2><p>There is a strong indication of a sustained bullish run for Shiba Inu in the long term. The pivotal point at $0.0000085060 stands as a crucial threshold. Should the coin successfully maintain its position above this level, it could potentially ascend further to $0.0000094355. The longer-term upside target is set at $0.0000105711.</p><p>In the event of a bearish scenario, the $0.0000073704 level is identified as immediate support. A breach below this level may exert downward pressure, leading the price towards $0.0000064409. Traders should be on the lookout for signs of a change in market momentum at these levels.</p><h2 id="header-6">Conclusion</h2><p>The recent surge of Bonk (BONK) in the crypto market has drawn attention to other meme coins, with Dogecoin (DOGE) and Shiba Inu (SHIB) in the lead. Dogecoin shows potential for recovery despite short-term bearish indicators, and Shiba Inu exhibits strong on-chain activity, indicating bullish potential in the long term. It is important to remember that the crypto market can change quickly, and there are risks involved, so traders should monitor key levels for potential shifts in sentiment.</p><p>Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.</p><p>RELATED TOPICS:  <a href="https://cryptodaily.co.uk/tag/altcoins" rel="noopener noreferrer nofollow">#ALTCOINS</a> <a href="https://cryptodaily.co.uk/tag/breaking-news" rel="noopener noreferrer nofollow">#BREAKING NEWS</a> <a href="https://cryptodaily.co.uk/tag/spotlight" rel="noopener noreferrer nofollow">#SPOTLIGHT</a></p>

Bonk Coin Skyrockets 500%: Can Dogecoin (DOGE) And Shiba Inu (SHIB) Survive The Meme Showdown?

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