What is the price prediction for the top crypto meme Shiba Inu and Dogecoin? Analysts write the future of SHIB and DOGE.
Summary
Shiba Inu and Dogecoin: the price prediction of meme crypto in the short term
The analysts of the instant crypto-exchange, Changelly, have published the price prediction for Shiba Inu (SHIB) and Dogecoin (DOGE), the leaders of the crypto meme.
At the time of writing, SHIB is worth $0.000013 with a market cap of 7.7 billion dollars. DOGE, on the other hand, with a market cap of 14 billion dollars, is worth $0.098 today.
Looking at the short-term chart of Changelly, it seems that while SHIB may experience a bull followed by a bear, DOGE will see a slower but steady price increase.
In fact, the price prediction for SHIB sees a pump in September up to $0.00002785, and then it will drop to $0.000013.
For DOGE, on the other hand, the chart shows an upward line starting from $0.10 in September up to $0.11 in October.
Shiba Inu and Dogecoin: the long-term price forecast of meme crypto
Always with Changelly, it is possible to see the table of the crypto price forecast over the years.
As for SHIB, its average price could reach $0.000035 by the end of 2024, while for the year 2025 the price forecast rises to $0.000049. Changelly’s annual bull, then talks about SHIB at $0.000323 in 2030.
Regarding DOGE, however, the tables available with its long-term price forecast are divided by years and months.
So, looking at the average price, DOGE should end 2024 with a price of $0.114, end 2025 with a price of $0.224. For 2030, however, the average price forecast for DOGE is $1.17.
Returning to today, memecoins are following a bit the general bear trend of crypto, led by Bitcoin.
And in fact, in the last week, the first of September, DOGE recorded a pump of only +1%, while SHIB dropped by -2%. BTC and ETH are in dump of respectively -5% and -8%.
The latest crypto news
Talking about the two crypto memes and their price, it is also essential to take a look at the news of the two projects. In addition, for further curiosity about cryptos in general, one can compare how much Bitcoin is worth against the Canadian dollar (BTC to CAD).
Last July, there was talk of Ryoshi, founder of Shiba Inu who disappeared from the radar since last May, and his replacement Shytoshi Kusama, often linked to Elon Musk. In reality, this connection is based only on conjectures, which in turn are based on Musk’s fondness for meme culture.
Regarding Dogecoin, however, Elon Musk appears again but this time for different reasons. In fact, it seems that Judge Alvin Hellesrtein, would have decided to dismiss the lawsuit filed against Musk, as alleged insider trading on Dogecoin.