Why Dogecoin and Shiba Inu Are Stuck Sideways: A Deep Dive with Expert Opinions
Dogecoin and Shiba Inu, the once-booming meme coins, are stuck in neutral. Their prices are heavily influenced by Bitcoin's recent slump, and their lack of real-world uses compared to established cryptocurrencies raises questions about long-term growth. The initial hype that fueled their rise might be fading, with declining user activity on their networks potentially causing investor hesitation. While some analysts predict future gains, the cryptocurrency market is unpredictable. Before diving into these meme coins, do your research and understand the inherent risks.
2024-07-01Read