The cryptocurrency market appears to be recovering, with Bitcoin attempting to reclaim price levels beyond the $60,000 mark. At press time, BTC is trading at $60,862, up 0.29% in the last 24 hours. Dogecoin is also showing signs of recovery.
The BTC token had previously hit the coveted $70,000 mark and has since crashed and is now trading between $56,000 and $59,000. With Bitcoin recovering, a new positive change is also expected for the altcoin market.
Shiba Inu and Dogecoin in particular are expected to see positive price increases as new ecosystem developments emerge in their respective areas.
Also Read: Ripple XRP Price Prediction If Cardano ADA Hits $1.60
Weekend price predictions for SHIB and DOGE
SHIB Price Prediction
Shiba Inu (SHIB) has been trying to climb higher on the cryptocurrency radar for a long time. The token’s ecosystem is gearing up to launch various product offerings to attract new users.
With the SHIB team busy launching services like SHIB Marketplace, SHIB DeFi, and SHIB Socials, the future of the Shiba Inu token looks brighter in terms of its price valuation.
According to CoinCodex, Shiba Inu could rise 60% to $0.00002313 by August 26.
By August 30, SHIB could stabilize at a level around the $0.00002221 mark.
“Shiba Inu price prediction for the next 30 days is a forecast based on the positive and negative trends over the past 30 days. Based on these Shiba Inu predictions, SHIB will change hands at $0.00002221 on August 30, 2024, gaining 56.83%.”
Also read: Ripple (XRP) & Dogecoin (Doge) Price Prediction for September 2024
DOGE Price Prediction
Dogecoin is another promising meme coin that is often supported and voiced by Tesla CEO Elon Musk. Musk has always been open about his fondness for Doge and recently published a post on X that clearly shows how much the Tesla CEO adores and has loyalty to Dogecoin.
According to CoinCodex, Dogecoin has also been trading at moderate prices. CC predicts that the token will reach the price mark of $0.105612 by August 26.
By August 30, the token could see a slight price decline and trade at $0.104515.
“Dogecoin price prediction for the next 30 days is a projection based on the positive and negative trends over the past 30 days. Based on these Dogecoin projections, DOGE will change hands at $0.104515 on August 30, 2024, losing -1.54%.”
Also read: How much Shiba Inu does it take to make $1 billion?
