Shiba Inu And Dogecoin Price Prediction, Are We Done With The Meme Mania?

Original author：Coin News Crypto

Original source：https://www.youtube.com/embed/zkXAeiepSsY

Shiba Inu And Dogecoin Price Prediction, Are We Done With The Meme Mania?

The cryptocurrency world has been no stranger to the meme coin frenzy in recent years, with tokens like Shiba Inu (SHIB) and Dogecoin (DOGE) capturing the imagination of traders and investors alike.

However, as the crypto landscape continues to evolve, the question arises: Are we witnessing the end of the meme mania, or do these coins still have room for growth?

Shiba Inu (SHIB): The Gradual Climb
Shiba Inu, often referred to as the "Dogecoin Killer," has seen a gradual increase in its price over the past two months. While it may not have reached the astronomical highs of its more famous counterpart, Dogecoin, SHIB has still managed to carve out a significant niche in the market. Analysts are now projecting a further rally for this meme coin shortly. One of the factors driving this optimism is the potential approval of Bitcoin (BTC) exchange-traded funds (ETFs) by American regulators. If such ETFs gain approval, it could open the door for similar products with different cryptocurrencies as underlying assets, including SHIB. Jalaleddin Hatefi, a prominent crypto commentator, has suggested that this regulatory development could be a catalyst for SHIB's price surge. While specific predictions vary, some analysts, including those at Coingecko, foresee SHIB reaching $0.000020 by the end of 2024.

*Source: https://cryptodaily.co.uk/2024/01/shi...
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