Shiba Inu (SHIB) & Dogecoin (DOGE) Price Analysis For October End

Shiba Inu and Dogecoin are the two leading meme coins in the cryptocurrency domain. Both tokens have had remarkable price runs, establishing independent price reputations in their respective spaces.

However, 2024 has proven to be quite a mellow year for both tokens. Doge and SHIB have yet to note a “surprising” price rally, the one that helps give investors the returns they are looking forward to accumulating and building on. Will a new ATH hit Shiba Inu and Dogecoin by the end of this month? Let’s find out.

Also Read: Solana: Here’s How High SOL Can Peak In October 2024

Shiba Inu Price Prediction

Shiba Inu has long established its independent reputation and is now consistently working on expanding its ecosystem. With the news of a Shiba Inu stablecoin official under construction, the token is bound to receive additional investor support, as the market is always looking forward to embracing new elements of change.

According to CoinCodex, SHIB may note a modest price peak by the end of this month, 2024. The token is currently sitting at $0.00001784.

“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 0.68% and reach $0.00001758 by November 13, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 48 (neutral). Shiba Inu recorded 14/30 (47%) green days with 12.32% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a good time to buy Shiba Inu.”

Also Read: VeChain Weekly Price Prediction: Can VET Hit $0.03 This Week?

Dogecoin Price Prediction

Dogecoin is another crucial meme coin, often mentioned as the leading meme coin governing the cryptocurrency space. 2024 has been quite bearish for Doge, with the token encountering most of its days trending in red rather than documenting new price hikes.

Amid the recent Doge downturns, leading crypto analyst Ali shared how, despite the low Doge momentum, Dogecoin active addresses have managed to peak at 133,880, signaling strong user support.

According to CoinCodex, Doge may decline further by the end of October 2024. The token may experience a 13% downturn to a low price mark of $0.94. It’s currently trading at $0.1118.

“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -13.53% and reach $0.094601 by November 13, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 48 (neutral). Dogecoin recorded 16/30 (53%) green days with 6.00% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”

Also Read: Dogecoin May Break Yearly Highs “Any Moment Now”-Per Analyst