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JUST IN: 🇺🇸 Elon Musk's DOGE blocks $52 million payment to the World Economic Forum.

Just sell worms, will be funny soon when you see what you could get. Still holding 40k pi coins. Pi will get hard after Binance and Elon Musk 🫡

Meme coins continue to dominate speculative trading in the crypto market, with Shiba Inu (SHIB) and Dogecoin (DOGE) being the frontrunners in the battle for dominance. Both coins have seen exponential gains in past bull cycles, fueling investor hopes for another massive surge. As market volatility increases, traders are wondering which coin—SHIB or DOGE—has a higher chance of delivering 1000x returns in the next 60 days. This article examines their price action, technical indicators, and market catalysts to determine which meme coin could be the ultimate winner. Dogecoin has been on a downward trajectory after reaching its peak during the last bull run. However, the price is showing signs of stabilization, currently trading at approximately $0.1765. The Relative Strength Index (RSI) sits at 37.44, suggesting that DOGE is nearing oversold territory, which could trigger a reversal. Additionally, the MACD line is beginning to flatten, indicating that selling pressure may be easing. Historically, DOGE price has relied heavily on social media hype and endorsements from Elon Musk to fuel parabolic rallies. If sentiment shifts and accumulation increases, DOGE could see a strong upward move. The key resistance to watch is $0.25, while a failure to hold support at $0.15 could push the price lower. Shiba Inu has also struggled in recent months, with its price hovering around $0.0000129. However, the RSI at 43.35 suggests that SHIB has more room to recover before entering overbought conditions. The MACD histogram is showing early signs of bullish divergence, hinting at a potential price reversal. SHIB’s ecosystem developments, such as the Shibarium Layer-2 solution and the growing adoption of SHIB-based payments, could drive renewed interest. If SHIB price manages to break above the $0.000015 resistance, it could see a rapid climb toward the next major psychological level of $0.00002. On the downside, a break below $0.00001 could invalidate bullish momentum and lead to further consolidation. While both SHIB price and DOGE price have the potential for major gains, achieving a 1000x return within 60 days is an extremely ambitious target. Dogecoin has a higher market cap, making it harder to experience explosive moves compared to smaller-cap coins like SHIB. Shiba Inu , with its aggressive burn mechanisms and ecosystem expansion, has a better chance of making significant percentage gains in a shorter period. However, both coins require a strong catalyst, such as a major exchange listing, institutional adoption, or viral social media hype, to experience the type of gains speculators hope for. Dogecoin remains the more established and widely recognized meme coin, benefiting from mainstream adoption and billionaire endorsements. On the other hand, Shiba Inu has a more active development team and a growing ecosystem that could fuel long-term growth. Traders looking for safer meme coin exposure may favor DOGE, while those willing to take a higher risk for potential higher rewards may prefer SHIB. Ultimately, while meme coins are known for their unpredictability, investors should manage expectations and exercise caution, as 1000x gains within 60 days remain a speculative fantasy unless an unprecedented event triggers a parabolic rally.

Crypto analysts predicted that Dogecoin could still reverse its current downward trend and propel itself to hit $1 per coin, a forecast that might increase investors’ optimism about the popular meme coin. Market experts said that Elon Musk’s favorite meme coin can bank on the increasing whale activity and a positive outlook from the Stochastic RSI analysis showing a potential upward price trajectory. Optimism On The $DOGE Dogecoin might not have been spared by the bearish market condition affecting the broader cryptocurrency space but despite the memecoin’s facing several short-term challenges, crypto analysts remain confident in the future of the token and predict a possible increase in its value. Data showed that DOGE slightly moved upward with a 2% increase in the past week but suffered a 36% price decline in its price in the broader picture, raising concern among its investors. As of writing, Dogecoin is traded at $0.1678, down by 0.5% in the past 24 hours, reflecting the overall negative market sentiment. However, the memecoin is still dominating the market with 0.92% with a market capitalization of nearly $25 billion and a 24-hour trading volume of more than $816 million. The short-term declines and challenges that DOGE is facing right now cannot overshadow the token’s long-term growth potential. Whale Activity On The Rise Analysts said that one of the primary drivers of optimism on DOGE is its large investors which are registering positive activity that could fuel the growth of the memecoin in the upcoming months. Market observers revealed that whale activity has increased over the past week with over 110 million DOGE tokens acquired by large investors. These investors are betting that the meme token might be ripe for a possible breakout, highlighting the confidence of whales in the token’s long-term growth. It is also an indicator that whales are not looking at the coin’s short-term volatility but on its long-run prospects. Can Dogecoin Hit $1? Meanwhile, a crypto analyst believed that Dogecoin could hit $1 per coin, sparking the interest of traders in the memecoin. Trader Tardigrade said in a post that projections using the Stochastic RSI show a bright future for the meme crypto, suggesting that it can recover from the short-term declines leading to a price surge. The Stochastic RSI is a gauge being used to spot trend reversals, which is now giving hope to those betting on Dogecoin’s resurgence. $DOGE

X's valuation soars to $44 Billion, matching the price Elon Musk paid when he bought it! Where are his doubters now?