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Crypto Expert Predicts Meme Coin Explosion Led by Shiba Inu and Dogecoin

by xyonent
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Meme Coin.webp.jpeg

Cryptography expert Andrew Kang The article makes some strong case for meme coins, including some notable examples: Dogecoin (DOGE) and Shiba Inu (SHIB)He suggested that this category of crypto tokens could stand to gain the most from the expected year-end rally.

Meme coins still have room to grow

Kang was mentioned on X (formerly Twitter) post that Meme Coin They probably account for most of the coins that have the potential to reach new all-time highs. He added that market participants need to be quite selective, given that there are hundreds of meme coins out there. Kang offered this bullish outlook for meme coins, 98% of altcoins Became the top This cycle And only a handful of coins may hit new highs by the end of the year.

Dogecoin is one of the coins that Kang believes could hit new highs by the end of the year or early next year. He continues to argue that the most famous meme coin could be one of the crypto tokens in the ETF. Recently, he Mentioned With regulatory clarity on the horizon, the “DOGE ETF opportunity” seems brighter than ever.

Meanwhile, Dogecoin could also reach new highs in the latter stages of this bull market, according to analysis by various crypto analysts. Claimed Dogecoin will likely outperform Bitcoin this market cycle. Meme Super Cycle and “The King of Memes will not be left behind.”

Crypto analyst Kevin (formerly of OG Yomi) echoed a similar sentiment: Mention Dogecoin could surpass the gains of leading cryptocurrencies this year. Crypto Analyst Altcoin Sherpa He also predicted that Dogecoin will see a big move later this year, adding that it is one of the “safest bets” anyone can make this cycle.

Don’t leave others behind

Crypto analysts also have bullish outlooks for other major meme coins. Shiba Inuand FlokiThe analyst Javon Marks What was predicted The second largest meme coin Market cap will lose another zero in this market cycle and rise to $0.0001553.

More recently, Crypto Analyst Captain Toblerone Predicted He said Shiba Inu could hit an all-time high (ATH) as early as September, when Elliott Wave Theory analysis predicts the meme coin will embark on its next parabolic upward trajectory.

Meanwhile, cryptocurrency analyst Timeless Crypto is bullish on FLOKI, saying: Predicted Meme coins could make a big leap by the end of the year. While making this prediction, he revealed that most of the physical bags of meme coins are in FLOKI.

DOGE Price Fails to Hold Support | Source: DOGEUSDT on Tradingview.com

Featured image created by Dall.E, chart taken from Tradingview.com

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