Should You DODGE DOGE This Quarter? Dogecoin Price Faces Pressure as This AI Altcoin Could Be The Next Shiba Inu

Recently, Dogecoin has been facing serious bearish price pressure influenced by investors outflows, following the warning about the insecurity of memecoins, issued by the NYSDFS.

As the price of DOGE continues to decline, investors are diversifying into an emerging AI altcoin that experts predict could be the next Shiba Inu.

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In this overview, we will explore the reasons behind the migration of DOGE investors, and why experts draw comparisons to SHIB.

Dogecoin Price Drops Amid New Fillings For DOGE ETFs

Following the warning concerning memecoins from NYSDFS, Dogecoin investors became more skeptical. A majority of them liquidated their Dogecoin holdings and migrated to other tokens with real-world applications, rather than depending on social media hype.

Since then, the DOGE price has dropped by over 20% to its current level at $0.258, with its trading volume also declining by 30.88%. This drop coincides with Dogecoin’s technical indicators that are currently signaling bearish pressure.

Amid the downturn, Bitwise Asset Management and Rex Shares have filed for DOGE ETFs with the SEC. Notably, Bitwise’s ETF is filed under the Securities Act of 1933, meaning it would be physically backed, holding actual Dogecoin rather than derivatives. Analysts predict that approval for these DOGE ETFs could come in Q2, potentially driving a surge of 222.21% in Dogecoin’s price.

SHIB Ecosystem Expands with New Upgrades

SHIB has transcended beyond a meme-inspired token to a more ambitious project with an increasingly robust ecosystem. Currently priced around $0.00001586, recent news highlights the launch of an upgraded Swap and Bridge platform on SHIB.io, part of Shiba Inu’s Layer-2 scaling solution, Shibarium.

In addition, the SHIB community has unveiled a blockchain-based operating system, ShibOS, as part of its push toward Web3 adoption. These recent upgrades kept SHIB trading on the bullish trajectory while other meme coins were declining this week.

SHIB itself has risen remarkably in the crypto market, especially since the Q40 of 2024, where it gained significant returns for investors over 300% influenced by its strategic token burning and network upgrades. However, experts have identified another token with the potential to replicate Shiba Inu’s success.

Explore IntelMarkets (INTL), The Next Presale AI Altcoin With Greater Growth Potential Than Shiba Inu

As the DOGE price experience declines, IntelMarkets (INTL) is gaining significant momentum due to its greater profit potential. IntelMarkets, an AI-powered crypto exchange, has been creating a buzz among members of the crypto community as the first AI-layered multi-chain DeFi trading platform.

At its core, IntelMarkets operates on Ethereum and Solana blockchains, allowing users to choose between Ethereum’s established DeFi ecosystem and Solana’s high-speed, low-cost transactions. This system makes sure of the best trading experience, whether executing a high-stakes trade or managing portfolios.

Catering to all web3 enthusiasts, IntelMarkets offers advanced features, from trading tools to development ecosystems, backed by over $500,000 in grants. Traders can explore perpetual futures with up to 1000x leverage and a multi-asset portfolio tracker, enabling them to amplify their returns on over 10,000 asset pairs.

In addition to its robust features, IntelMarkets’ presale is gaining momentum as a result of INTL’s utility. The token serves as the key that grants users eligibility to leverage unique features of the trading exchange, while enjoying holding perks like discounts and bonuses.

INTL boasts an excellent tokenomics and deflationary mechanism, especially amid the ongoing AI revolution in the crypto space. As a result, experts predict a potential 30,000% surge from its current presale price of $0.082 in stage 9, surpassing even the remarkable Shiba Inu’s rally in 2021.

Join the Movement:

Buy Presale

Visit Intel Markets (INTL)

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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.

Alexander Zdravkov