📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Shiba Inu Following Dogecoin's Footsteps: Potential Price Increase of Up to 85%?
In the constantly evolving cryptocurrency market, two popular meme coins, Shiba Inu (SHIB) and Dogecoin (DOGE), continue to attract the attention of investors. Analysts predict that Shiba Inu could replicate the success of Dogecoin and undergo a significant price surge, with an estimated 85% potential increase. Together, these two digital assets dominate about 62% of the meme coin market, highlighting their significant role in the cryptocurrency ecosystem. How does the power of Dogecoin affect Shiba Inu According to The Bit Journal's report, Dogecoin has consolidated its position as a formidable force in the cryptocurrency space. This dominance even allows it to outperform giants like Cardano and Tron. According to the famous cryptocurrency analyst Ali Charts, the continuous growth trend of Dogecoin could create a ripple effect on Shiba Inu, pushing its price to an expected level of $0.000049. If this prediction comes true, SHIB will witness a significant increase of 85% from the current level. However, for Shiba Inu to take advantage of this opportunity, the performance of Dogecoin must always be strong, maintaining its market-leading position. #BtcNewHolder # In-depth technical information: Fibonacci level indicates growth potential Recent price fluctuations of Dogecoin have demonstrated its ability to recover, break important Fibonacci retracement levels, and instill confidence in investors. Currently trading near the 0.786 Fibonacci level at $0.41, DOGE may unlock further gains if it surpasses this threshold. Similarly, Shiba Inu is approaching key technical areas. The token is approaching the 0.5 Fibonacci retracement level at $0.0000226. If this level is maintained as a support area, it may act as a springboard for the upward trend. However, market sentiment driven by Dogecoin's performance will play a significant role in triggering this upward trajectory. Compare the recent performance of Dogecoin and Shiba Inu Dogecoin has shown signs of recovery despite the price fluctuations, with a positive increase from $0.3679. In contrast, Shiba Inu has faced a 3.6% decrease during the same period, raising questions among investors. These different movements emphasize the different dynamics of the two tokens. While Dogecoin stands out for its recovery potential, Shiba Inu struggles with short-term instability. However, its strong recovery potential remains intact, driven by a broader market trend.
What future is waiting for Shiba Inu and Dogecoin? If Dogecoin maintains its market-leading position, Shiba Inu will have a good position to benefit from positive momentum and enter a new growth phase. Experts predict that both SHIB and DOGE can play influential roles in shaping the cryptocurrency market landscape in 2024. The interrelationship between these tokens makes them something that investors must keep an eye on. As the cryptocurrency market develops, understanding the dynamics between Dogecoin and Shiba Inu will be crucial for navigating future opportunities. DYOR! Write&Earn $DOGE {spot}(DOGEUSDT)