Elon Musk Continues to Support the DOGE
Although Dogecoin (DOGE), the original dog-themed meme coin, has only been fluctuating within a narrow trend, analysts predict that DOGE is in for a steep upswing of at least 60% and believe the token may soon hit its first target of $0.1. Elon Musk’s endorsement played a big role in the DOGE’s initial success when he tweeted about its mascot, the Shiba Inu puppy, in 2020. Recently, his jokes about Twitter offering a payments service that would include cryptocurrencies encouraged crowds of users to invest in the coin. In effect, the DOGE saw an immediate surge of 5%. He’s also been advocating for the currency to be used as a wider spread payment method, starting with Mcdonald’s. He expressed this through a tweet that said, “I will eat a happy meal on live TV if Mcdonald’s accepts Dogecoin.” In addition, WhaleStats, a popular crypto analyst, informs that important whales have begun investing in DOGE on the Binance exchange.
New Developments Inspire New Interest
Shiba Inu joined the 2023 January surge, rising by nearly 100% to reach $0.00001575 from the lows around $0.00000778. Unfortunately, the coin suffered a 25% drop a couple of weeks ago but recovered by 5%. Analysts predict SHIB has high potential, and recent drawbacks are only temporary. They say that the SHIB price is believed to rise towards the upper target at $0.00001670 in the near future. With the heavy pump they expect, the value of Shiba may soar up to $0.00002. The “doge killer” is also expecting a surge on account of their upcoming metaverse launch called Shibarium. This is the layer-2 blockchain platform, which aims to develop its ecosystem and increase gains. This is almost certain to attract a heap of new interest in SHIB. The team has also decided to increase the tokens burn rate by %1000 on account of a spike in demand.
Wealth, Family, and Charity
Dogetti (DETI) is a new meme coin already thriving in its presale stage. The token’s brand fits in with other popular meme coins centered around family and community. Their name and logo have drawn inspiration from the mafia, which is a humorous way of emphasizing how much importance they put on the community and their “family.” The token offers utility through its swap site, DogettiSwap. You can trade on the app at a low cost of 6% per transaction, 2% of which is divided into a charity wallet. Another 2% goes to liquidity, and the last 2% is redistributed to holders of the token through reflection. The team also plans to provide their users with governance over the ecosystem’s development and changes.
Dogetti
Presale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
Twitter: https://twitter.com/_Dogetti_
