Shiba Inu (SHIB) price up over 18 per cent in last 24 hrs. Here’s why
SpaceX founder Elon Musk recently tweeted about his dog, saying, “My Shiba Inu will be named Floki.”
Based on the research and analytical observations, here are the price predictions for PEPE, Dogecoin, and Floki.
In the crypto world, there is no crystal ball for predictions. But with technical analysis and past performances, a certainty can be observed helping in the investments.
The price predictions for some assets are rare and relatively low compared to others.
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Based on the research and analytical observations, here are the price predictions for PEPE, Dogecoin, and Floki.
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PEPE
Considering the latest trends, PEPE is the gold standard of crypto coin investments in terms of gains alone. It saw absolutely explosive gains in recent years with an astonishing 5,000,000% ROI. PEPE is currently priced at $0.0000006396, down by a massive 83% from it’s all-time high.
It has already proven itself as a project with major support behind it, and the current price dip is leading many to wonder whether PEPE is gearing up for another bull run.
It is to be noted that in the last month, the coin has not seen favorable price action.
However, it is blasting past support at every opportunity and trending steadily downwards with no consolidation apparent.
It has already proven itself as a project with major support behind it, and the current price dip is leading many to wonder whether PEPE is gearing up for another bull run.
As per the latest price prediction for the end of 2023, the coin is estimated to stand at $0.00000050.
The coin may be worth holding on to for a long-term investment.
Dogecoin
Dogecoin’s future distribution is endless, and so is the supply. Its price chart looks insane now with the recent pump driven by Elon Musk, TikTok, and other mainstream investors, predicting future price action is more difficult now.
Wallet Investor is highly bullish on Dogecoin, expecting it to finally reach USD 1. In fact, the five-year forecast has DOGE at USD 1.17 for the long term.
On the other hand, Capital (dot) com’s roundup includes a price prediction of USD 1.43 in 2028 for one of the longest forecasts in the market.
Some analysts predict Dogecoin will see another bull market breakout around late 2024 and into 2025.
Floki
As per Coincodex, the price of Floki Inu is predicted to drop by minus (-) 7.26% and reach USD 0.00002352 by October 27.
The technical indicators suggest the current sentiment as Bullish. However, the Fear & Greed index is showing neutral at 53.
Floki Inu recorded 60% green days with 10.68% price volatility.
On the basis of historical price movements, the yearly low Floki Inu price prediction for 2024 is estimated at USD 0.00002205. While for 2025, it is predicted to reach as high as USD 0.00005826.
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