Dogecoin price prediction has become of top interest to investors, especially those with meme holdings. Dogecoin is the largest meme coin in the market and usually, any fluctuations in its price often affect the direction of the meme sector. Shiba Inu, another of the biggest meme projects, may extend its bearish phase in the coming months.
But, while investors are seemingly optimistic for a bullish outlook on Dogecoin price prediction and eager for SHIB’s pumps in Q2, market projections for Panshibi, a new meme coin, forecast a 1,200% surge this month. As its 60-day presale draws to a close, Panshibi keeps gaining ground in the market, growing in popularity and traction. In the following paragraphs, we will compare the market positions and second-quarter forecasts of Dogecoin, Shiba Inu and Panshibi.
Dogecoin Price Prediction
With a painful eye, several investors keep watching DOGE’s price movements and forecasting Dogecoin Price Prediction. The token has been stuck in the same range for almost two weeks without any real upward or downward movements. Dogecoin is trading sideways, between the $0.1867 and $0.217 range.
The significantly reduced interest in Dogecoin and the weak market sentiment have contributed to the protracted underperformance of the OG meme coin. While DOGE remains trapped in this critical support zone, meme enthusiasts hope an imminent breakout in the asset’s trajectory will restore investors’ confidence in meme-related projects.
Dogecoin bulls will attempt to push the token outside the critical support zone this weekend. If they are successful, they will try to regain control and make the token to retest the $0.26 and $0.29 levels within the next 48 hours. This weekend could determine if Dogecoin will pick up the lost momentum and ignite a bull cycle. Moreover, since the Dogecoin ETF-related developments re-surfaced, experts are more confident in a bullish scenario for Dogecoin price prediction.
Investors Urged To Shiba Inu
It’s been a challenging phase for memecoins in the market and Shiba Inu is no exception. Shiba Inu buys and sells at a current market rate of $0.0000128 after a daily drop of 5.79%. The token has extended its losses to an aggregated dump of 40.78% year-to-date.
Analysts believe Shiba Inu will struggle to gain any positive momentum in the near term. Others defer and claim the token is holding. They think buying pressure could reignite, sending Shiba Inu above the $0.00020 resistance with a 50% upswing.
However, most technical indicators on SHIB remain neutral; hence, traders are advised to treat the token cautiously, even if there are any gains in the next few days. SHIB’s bearish phase will likely extend to subsequent months.
Multiple CEXs Listings Could Rally Panshibi By 100x
It’s no mistake that Panshibi is growing one of the largest communities among meme coin projects. The Asian-inspired project boasts following across three robust communities: Asian crypto participants, Panda lovers and enthusiasts of meme-based projects. In addition, Panshibi adds a layer, drawing those attracted by its utility and concept.
Panshibi adopts a community-focused approach that stays true to the core of decentralization. The project offers real utility, allowing holders and community members to resist and rebel against the corruption of legacy financial systems. Panshibi gives holders a platform to call out their inefficiencies and unfavorable policies. Now, it is understandable when we say that Panshibi is assembling one of the biggest online presences in the market.
The project’s formal team has started making deliberate efforts to obtain multiple listings across the biggest centralized exchanges in the market. Industry experts point out that Panshibi could soon secure listings, which could translate to rallies of up to 100x in the next quarter.
Thankfully, SHIBI tokens are still discounted, allowing you to buy as many tokens as before the project begins its explosive rally. Purchase your tokens at a lowered fee of $0.005 and get a 20% bonus when you get them today.
Join the Panshibi presale today for $0.005 per token;
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
Website: https://panshibi.com