Shiba Inu and Dogecoin May Reach New Highs Following Ethereum ETF Approval

The crypto market buzzes with anticipation as a new development could send popular tokens to unforeseen peaks. In light of an Ethereum ETF potentially getting the green light, tokens with strong ties to the Ethereum network might just ride the wave to record-breaking levels. This article dives into what such an event could mean for the likes of Shiba Inu and Dogecoin in the throes of an already energizing bull run.

Over $6 Million Raised: BlastUP Presale Continues, Offering Up To 1000% Potential ROI

BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 15,000 active users.

The ongoing presale of BlastUP is a huge success, more than $6 million raised so far. The BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year.

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BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

BlastUP's roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem's capabilities.

The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.

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Shiba Inu Price Moves and Predictions

The Shiba Inu coin is ranging between $0.0000216 and $0.0000260. After falling by about 3.56% in a week and 9.58% in a month, it grew by 197.31% over six months. The coin faces its next big challenge at $0.0000281, with support at $0.0000194. The price movement is more correction-based with a low Relative Strength Index hinting it's not overbought. Looking ahead, if it breaks resistance, it could head towards $0.0000324; if it falls through support, it might drop to $0.0000151.

Dogecoin (DOGE) Price Analysis and Future Movement

Dogecoin's price has shown significant growth over the past six months, increasing by over 100%. In the last week, the coin has seen a modest gain of about 2%, but the past month shows a slight decline of 1.3%. Currently, Dogecoin trades between $0.1363 and $0.1599. The coin faces its next challenge at the resistance mark of $0.1714, with support at $0.1242. Given the lower RSI and Stochastic values, Dogecoin's current movement seems more corrective. However, with a relatively stable average price from the last 10 to 100 days, the coin may soon seek to test the resistance levels again.

Conclusion

If an Ethereum ETF were approved, Shiba Inu and Dogecoin could see noticeable spikes, capitalizing on the expanding market enthusiasm. However, their potential for growth in the short term remains staggered compared to a newer entrant like BlastUP. This project stands out due to its solid concept and its integration within the Blast ecosystem, positioning it for more prominent gains. Investors may find BlastUP's trajectory more compelling, suggesting a stronger outlook for its performance ahead.

Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
Source: https://thebittimes.com/shiba-inu-and-dogecoin-may-reach-new-highs-following-ethereum-etf-approval-tbt89526.html