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Traders Predict Dogecoin And Shiba Inu Will Rally, We Reveal Who Will Reach $1 First

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By Aggregated - see source on January 25, 2025 Altcoin
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Traders are closely monitoring the progress of DOGE and SHIB as both meme coins show signs of a potential rally. With tension building in market sectors, experts are making their predictions on which coin will reach $1 first. 

This article breaks down the current DOGE price prediction and the  Shiba Inu price trends, providing insight into the upcoming competition between these two popular cryptos.

DOGE Price Prediction Suggests Mammoth Price Increases Ahead 

After an 8.79% price climb in the past week, DOGE is now trading over $0.38. Traders have grown optimistic about DOGE’s potential after recent analysis of a cup and handle pattern on the weekly charts. This bullish indicator suggests a potential price target of $1.385, and achieving this would propel DOGE’s market cap to approximately $203 billion. 

According to Whale Alert, $29.86 million worth of DOGE was transferred from Binance to an unknown wallet. With growing interest from whales, circulating supply could reduce and potentially drive prices higher. This fits into DOGE’s historical trend of mammoth price increases every January. 

SHIB’s Bullish Awakening After Consolidation Sparks Optimism

Shiba Inu (SHIB) has recently exhibited signs of a potential bullish trend. Despite a 4.45% decline over the past month, SHIB’s daily performance shows a 1% increase, indicating resilience in its price movement. In the same week, SHIB transactions over $100,000 jumped by 1,541.80%, bringing holder balances above $15.11 billion.

Over 66 million SHIB tokens were also recently burned, leading to an increase in the weekly burn rate. This reduction in circulating supply could positively impact SHIB’s value. As a result, analysts have identified patterns that could set the Shiba Inu price for an explosive run to $0.001, reflecting optimism about its future performance. 

Why Panshibi is the Meme Coin to Watch in 2025

The crypto market has seen hundreds of ups and downs, but the appeal of meme coins remains constant. Among the contenders for 2025’s best potentials, Panshibi (SHIBI) is seen as a beacon of hope in a market littered by volatility and uncertainty.  

Analysts are calling Panshibi the “meme coin saviour,” thanks to its innovative approach to community-driven governance and transparent operations. Inspired by the iconic panda, Panshibi isn’t just a meme—it’s a story. The project’s 60-day presale with deflationary pricing ensures fairness and excitement to early investors.

Panshibi’s strengths lie in its commitment to security and decentralization. With its smart contract audited by Coinsult, locked liquidity for 10 years, and renounced token ownership post-presale, it’s a project designed to build trust and longevity.  

Moreover, the project incorporates staking rewards with APYs as high as 1,200%, making it an attractive option for long-term holders. As the global meme coin market reaches new heights, analysts predict Panshibi could lead the charge in delivering both value and excitement to the growing community of crypto enthusiasts.  

Conclusion 

While DOGE seems like the likeliest to reach $1, recent analyses argue that $SHIBI could get there first. With a price of $0.002 within its current presale, Panshibi could catapult more than 50x in a short span, like all meme coins are known to do in their early stages.

Panshibi is ready to revolutionize the meme coin space. Are you? 

You can participate in the Panshibi presale here:

Telegram: https://t.me/panshibi

Twitter: https://x.com/panshibi

Website: https://panshibi.com

Credit: Source link

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