🚀💰💹 Shiba Inu And Dogecoin Price Prediction This Week 🚀💰💹

Shiba Inu and Dogecoin are two prominent meme coins in the cryptocurrency market. SHIB is often compared to Dogecoin in terms of market position. The token's performance in 2024 is remarkable.

As of now, SHIB is trading at around $0.00002258 after a period of consolidation. The token appears to be in a position where it is likely to experience further price movement. On the other hand, DOGE is trading at $0.1553 with its value down 4.7% over the past 24 hours.

With the cryptocurrency market being volatile, here is our price prediction for Shiba Inu and Dogecoin this week.

How much can the Shiba Inu grow this week?

According to Changelly analysts, SHIB is expected to trade at a minimum of $0.00002294 and a maximum of $0.00002832 this week. The forecast also highlights that SHIB could almost reach $0.00003.

Historically, Bitcoin's performance has often acted as a catalyst for price movements in other cryptocurrencies. SHIB's most significant price increase coincided with BTC hitting new highs during its climb to $73,000. Since Bitcoin is considered an important indicator of overall market sentiment, the ability to break through previous resistance levels often leads to market-wide price increases, especially for early altcoins. more muscular.

Can Dogecoin hit $0.20 this week?

Various factors, such as market conditions, price action, developments, supply, and use cases, will determine whether the Dogecoin price prediction will increase this week or not.

Based on Dogecoin's behavior in early 2024, crypto experts at Changelly have predicted the DOGE price this week. During this time frame, the minimum price of DOGE is predicted to be 0.160 USD. The expected maximum price is 0.162 USD. According to Changelly's analysis, DOGE is unlikely to reach $0.20 this week.