The cryptocurrency market was struggling. Bitcoin (BTC), the world’s largest cryptocurrency, was traded at a low of $54,784.49. The global market cap dipped slightly below $2 trillion and stood at $1.94 trillion.
The meme coin market had a reasonably good run during the weekend. The OG meme cryptocurrencies Dogecoin (DOGE) and Shiba Inu (SHIB) were recovering after a rough month. Can the market witness a boost this week?
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Shiba Inu And Dogecoin Price Predictions
Shiba Inu To Record Double-Digit Spike
Shiba Inu has barely witnessed a notable rise in the past few months. The asset’s price rut could soon be coming to an end. Changelly reveals that SHIB’s bullish days were finally starting.
According to the firm, SHIB will witness a staggering 53% rise this week. The meme coin will rise as high as $0.00002003, a surge from its current price of $0.000013. Over the past 24 hours, Shiba Inu rose by nearly 2%.
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Bears Continue To Hibernate In The Dogecoin Market
Dogecoin has been one of the slowest-moving cryptocurrencies in terms of price. Despite the numerous endorsements, the meme coin has witnessed a dull performance. At press time, DOGE was trading at $0.09681, following a daily increase of 1.63%.
Data from Changelly pointed out that Dogecoin will have to continue dealing with the bear. Unlike Shiba Inu, DOGE will record a downfall over the next few days. The meme coin will trade at around $0.093456 on September 15. This highlights a 1.75% dip from its current price level.
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It looks like Shiba Inu marketed as “Dogecoin Killer” was doing its job as it gears up for a bullish week ahead.