Shiba Inu (SHIB) and Dogecoin (DOGE) are two of the biggest and most popular memecoins in the market. Launched in 2013, DOGE has the advantage of being the first memecoin. However, SHIB has made significant strides in the market since its 2020 debut. DOGE is currently the 10th largest cryptocurrency by market cap, while SHIB is the 12th largest.
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SHIB often considers itself the “DOGE Killer” and has made notable progress in its almost four-year history. DOGE, on the other hand, has more adoption and a larger market cap. While SHIB has a market cap of about $14.1 billion, DOGE is valued at around $21.8 billion. Nonetheless, both assets have a loyal fan base and significant demand.
According to ChatGPT-4, Shiba Inu (SHIB) would be the better investment for the summer of 2024. The chatbot named ongoing projects, such as Shibahub, ShibaEternity P2E, K9 Finance, and ShibaSwap 2.0, as possible catalysts for the asset’s price. ChatGPT also highlighted SHIB’s loyal community as a strength.
How high can Shiba Inu (SHIB) and Dogecoin (DOGE) go in June 2024?
CoinCodex paints a bullish picture for SHIB over the next few weeks. The platform predicts SHIB to surpass the $0.00008 level in June, hitting $0.00008228 on June 17, 2024. Reaching $0.00008228 from current levels would translate to a growth of nearly 244%.
Also Read: Shiba Inu or Dogecoin: Which Meme Coin To Buy For 10X Gain?
Changelly also predicts SHIB to rally over the next few weeks. The platform anticipates the dog-themed crypto to hit $0.00008324 on June 16, 2024.
On the other hand, CoinCodex anticipates DOGE’s price to take a hit over the next few weeks, falling to $0.130 on June 18, 2024. Dipping to $0.130 from current levels would translate to a fall of nearly 14%.