Shiba Inu and Dogecoin have been making waves in the cryptocurrency world, with both meme coins experiencing significant gains in the current bullish market cycle. As the altcoins gear up for levels not seen since 2021, investors are keeping a close eye on their potential for massive growth.
Shiba Inu (SHIB) is currently trading at $0.0000097, showing a bullish breakout rally in the daily chart as it pushes past the 38.20% Fibonacci level. ChatGPT’s analysis predicts that SHIB could reach $0.00002041 by early 2024, $0.00002967 by mid-2024, and potentially $0.00003893 post-Bitcoin halving in 2025.
On the other hand, Dogecoin (DOGE) is trading at $0.085, displaying a bullish reversal in the weekly chart with a 4.17% weekly return. ChatGPT suggests that DOGE could reach $0.5204 in the near future.
Both meme coins are expected to continue their upward trajectory, driven by growing demand and market momentum. Investors are advised to keep an eye on these altcoins as they prepare for a strong run in the coming months.
