A 60% decline prediction for Dogecoin has sent shockwaves through the investment community.
This forecast comes at a time when Panshibi’s approval for listing on Coinbase has sparked excitement. The listing has led to soaring predictions for SHIBI, with some analysts suggesting a potential 100x increase post-presale.
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As Dogecoin faces this significant downturn, the spotlight has shifted to SHIBI. Read this article to find out more about the SHIBI and Dogecoin price prediction. Also, you will learn about the implications of these predictions on any investment strategy.
Dogecoin users expect a major decline according to market predictions. Analysts predict that the DOGE market value could potentially decrease by 60 percent. This Dogecoin price prediction originates from a recent evaluation of Dogecoin technical indicators which has caused increased concern among investors. Experts say a death cross has formed as the MVRV Ratio for DOGE broke below its 200-day MA.
This pattern has historically been a precursor to significant price corrections. In the past, similar crossovers have led to declines of up to 44% in Dogecoin’s value. The MVRV Ratio is crucial as it helps gauge whether DOGE is overvalued or undervalued.
The ratio determines market trends through a basic calculation comparing current market value with investor purchase price. Also, the ratio frequently indicates a bearish market trend when it breaks beneath the 200-day moving average.
Now, Dogecoin markets show high volatility as the coin faces regular large price fluctuations combined with sudden steep price drops. After a brief surge to around $0.30, DOGE saw a decline of 2.87% which contributed to its 30-day loss of 35%. This downturn follows a period where Dogecoin seemed poised for a recovery. However, the latest Dogecoin price prediction suggests otherwise.
In addition, the formation of the death cross might push holders to sell their bags which would further drive the price down. This scenario paints a gloomy picture for those considering investing in Dogecoin at this time. It signals a significant caution for new and existing investors alike.
Coinbase might be eyeing Panshibi (SHIBI) for listing after the end of its presale due to its explosive potential and community engagement. Panshibi merges three vibrant communities: Asia, Pandas and Memecoins. Inspired by the iconic panda, Panshibi is a project with a unique blend of social-fi and AI features. These features allow token holders to engage in quests and earn rewards.
The potential for Panshibi to become the biggest meme coin in 2025 has caught the eye of many. Since its 60 days presale is capped at $10 million, it has set the stage for a major exchange listing after. Also, the token price is expected to jump by 1,200% during the presale, with predictions of an astonishing 145,000% surge after launch. This offers a stark contrast to the current Dogecoin price prediction.
In addition, security measures like a 10-year locked liquidity pool and a 2-year lock on team tokens ensures Panshibi’s commitment to long-term stability. Also, the smart contract has passed a comprehensive audit by Coinsult which means transparency and safety are guaranteed.
Since 60% of its 1.2 billion token supply is available during the presale, everyone can get in. Panshibi is currently in stage 4 with a token price of $0.005 which might be the lowest price in its roadmap for a long time. If Coinbase lists SHIBI post-presale, it could signify a 100x increase in value
Now, Dogecoin price prediction suggests a big fall of 60%, which is bad news for its fans. However, there’s good news for Panshibi (SHIBI). Once it gets listed on Coinbase after its presale, it could jump by 100 times its value. So while Dogecoin might be going down, SHIBI could be on its way up.
To join Panshibi’s presale before all the tokens are taken, use any of the links below:
Website: https://panshibi.com
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.
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