Shiba Inu and Dogecoin are among the biggest millionaire makers in the crypto market. Both projects historically offered huge returns in a short period of time, making them global superstars. But do Shiba Inu and Dogecoin still have that potential in 2023?
As some experts believe they’re undervalued, both projects are predicted to see surges. However, Tradecurve is taking the lead in terms of potential returns, and is on track to hit a new all-time high in the next week.
Could Shibarium Take Shiba Inu To $0.5?
Shytoshi Kusama, the head developer of the Shiba Inu ecosystem, suggested that Shibarium, Shiba Inu’s layer 2 scalability platform, could be released at the Blockchain Futurist Conference in Toronto in August.
This would be a huge development for Shiba Inu, and investors believe it could push the project to an all-time high. Should Shibarium be a success, analysts believe that Shiba Inu could hit $0.5 by the end of the year, making thousands of new crypto millionaires in the process.
However, Shiba Inu’s current performance has been below the market average. After recovering from its price crash in June, Shiba Inu has faced a price decline of 4.93% in the last five days and is now trading at $0.00000720.
Given its current growth, some investors believe that price targets of $0.5 could be overly ambitious in 2023.
Could Dogecoin Fall Behind Shiba Inu And Tradecurve?
Dogecoin has been heavily criticized in 2023 due to its lack of development. While other memecoins are building their ecosystems, Dogecoin continues to rely on its status as a market leader. Now, however, some experts believe that Dogecoin could soon lose this title.
With no signs of development, Dogecoin’s growth has been low throughout 2023, and its value has declined by 6.11% in the past month. This decline has triggered a decrease in social media activity around Dogecoin, with new projects like Pepe taking the spotlight.
Furthermore, the new lawsuits against Binance and Coinbase could have a significant impact on the Dogecoin community. In total, 54.2% of the Dogecoin supply is held on centralized exchanges, with 25.9% being held on Binance alone. With investors leaving such platforms at record rates, Dogecoin could soon experience a sharp decline in trading activity.
Is Tradecurve a Better Investment Than Shiba Inu and Dogecoin?
Compared to Shiba Inu and Dogecoin, Tradecurve is a new project, with significant early growth. However, some experts believe the project remains significantly undervalued. This is due to Tradecurves revolutionary application, which could change how investors interact with trading.
Tradecurve is the first hybrid exchange that enables users to trade crypto, stocks, CFDs, and commodities. It combines decentralized technology with centralized convenience, allowing for borderless and anonymous trading.
This means that investors will be able to trade both DeFi and TradFi assets while remaining anonymous. No KYC checks are needed for Tradecurve, and investors can connect self-custody wallets to the exchange to make transactions.
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