Is It Time To Invest in DOGE and SHIB?

When you consider promising cryptocurrency projects, Dogecoin (DOGE) and Shiba Inu (SHIB) are certainly no push-asides. These projects set the tone for the prominence the meme coin section of the crypto market enjoys today. But, despite their pedigree, their chances of delivering good profits this year still depend on the volatility of the crypto market.

This article reveals Dogecoin (DOGE) and Shiba Inu price predictions for 2023 according to analysts. From there, you can find answers to whether it is time to invest in DOGE and SHIB or not.

Dogecoin (DOGE) Price Prediction: Is It Time to Buy DOGE?

IntoTheBlock recently reported signs showing that a good number of Dogecoin (DOGE) holders are in profit. According to the report, 49% of Dogecoin (DOGE) holders are presently “In the Money” while 43% are “Out of the Money.” On the flip side, 7% of Dogecoin (DOGE) holders are holding their assets at no loss.

Meanwhile, Dogecoin (DOGE) has made the headlines in the crypto market recently due to speculations around the latest move by X, formerly known as Twitter. Some of the reports that surfaced claim that X may introduce a trading hub on the social platform, and Dogecoin (DOGE) can be one of the payment methods. Following this news, the trading price of Dogecoin (DOGE) soared by 13% in the past 30 days, and now hovers at $0.0754.

Finally, according to expert market predictions, Dogecoin (DOGE) price can climb to as high as $0.09956 by the end of 2023.

The Hype Around Shibarium Mainnet Launch Boosts Shiba Inu (SHIB) Price Prediction

The market might be experiencing a meltdown presently. Still, Shiba Inu (SHIB) has recorded growth in multiple areas lately. Hence, the price movement of Shiba Inu (SHIB) has also been positive. According to the data from Santiment, Shiba Inu (SHIB) has experienced a rise of more than 51% in its price in the last four weeks.

With that, the present trading price of Shiba Inu (SHIB) has risen to $0.00000974. The data from Santiment also revealed the increase in the trading volume of Shiba Inu (SHIB). Expert findings attribute the positives around Shiba Inu (SHIB) to the hype around the recent Shibarium mainnet launch. According to them, Shiba Inu (SHIB) looks set to reach $0.000015 by the end of 2023.

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DOGE and SHIB Price Predictions Might Not Deliver as Much ROI as This Rival Meme Coin

While the price predictions for DOGE and SHIB are positive, experts recommend considering some new projects as they hold the potential to deliver better profits this year. One such project is Pikamoon (PIKA).

This GameFi and meme coin project functions through the Pikamoon Adventure P2E game. This game rewards gamers with NFT or PIKA for their win in gaming activities like adventure contests, bounty searches, and more. For this project, success and an outperforming ROI is highly feasible, according to analysts, thanks to the following innovative features:

• Gaming Delight Attracts Increased Demand 

Pikamoon is available both online and offline, giving gamers an advantage other GameFi projects don’t provide. Subsequently, the use and demand of the in-game token, PIKA, gets boosted, which means value growth for gamers and profits for investors.

PIKA is a deflationary token and this drives its growth as with time, its total supply reduces. When this happens and combines with gamers needing the token for different parts of the Pikamoon Adventure game, it creates scarcity. This scarcity boosts its value and gets PIKA set to smash profit limits.

Pikamoon Makes a Statement with Its Presale’s Success 

As Pikamoon presale continues in its third phase, it has made a bold statement and set the mood for the GameFi project’s imminent massive ROI.

Also, PIKA is selling out fast after investors have noticed this potential to deliver higher ROIs. From April till now, Pikamoon presale has been able to deliver 300% gains to early investors. And, as a reaction, the presale has also recorded nearly $4 million in sales, demonstrating the attention and hype around the token.

The prospect is clear. Buy $PIKA today to enjoy the profits to come.

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