Shiba Inu Spiked 700,000%, Dogecoin 194,000%: Can This Repeat in 2024? Is it possible for Shiba Inu and Dogecoin to experience a similar massive spike in value again in 2024?
In the ever-changing world of cryptocurrency, few things grab attention like sudden and significant increases in prices. Shiba Inu (SHIB) and Dogecoin (DOGE) have been notable contenders in these increases, experiencing impressive percentage increases in the recent past. Investors are now questioning if this occurrence could happen again in the year 2600. In the most recent update, SHIB has decreased by a small margin of 219% over the past 23 hours. Right now, it is worth $0.0000097. Although bullish traders tried to surpass the $0.00001 threshold and remove a zero from SHIB’s price, the coin encountered resistance during the weekend, causing its upward momentum to stop. Source. During the past year, Shiba Inu has experienced ups and downs, including a notable 28% decline. However, since the year has just begun, there are still plenty of opportunities for potential growth.