Shiba Inu Investors Jump into Dog-Based Memecoin

Bittime - The latest analysis on Shiba Inu (SHIB) highlights the recent price decline and a potential buy zone, with a projected upside if the support level is maintained. Investors are also considering Base Dawgz ($DAWGZ).

Shiba Inu Experienced a Drop Recently

Despite the recent decline that saw SHIB price below the $0.000017 support level, SHIB has entered a buy zone, providing investors with a unique and time-sensitive opportunity.

The token's current price level is ripe for investment, according to crypto analyst SHIB Knight. With key support levels around $0.00001760 and $0.00001766, SHIB could see a significant price increase if buyers can defend these levels.

Prediction of Another Possible Drop for Shiba Inu

Analysts are optimistic as Shiba Inu predictions show a spike to $0.00003825, which is a 121% increase from current levels. However, long-term projections are cautious as they predict a decline in July.

Shiba Inu Investors Jump into Dog-Based Memecoin

Base Dawgz, a Shiba Inu-inspired meme coin on Base Chain, has emerged as a promising rival for Shiba Inu investors. Base Dawgz is the first dog-based meme coin on Base Chain that can function on multiple chains and interact with networks such as Avalanche, Solana, Ethereum, and Binance Smart Chain (BSC).

What Does Base Dawgz ($DAWGZ) Potential Look Like?

The potential for Base Dawgz ($DAWGZ) to go to the moon will be quite high in the near future. A large portion of its budget is allocated to marketing and partnerships with influencers, ensuring wide visibility and adoption.

Base Dawgz has a strong foundation to potentially reach $1 as it grows and attracts new investors. With only three days remaining, investors may want to get into the project immediately. $DAWGZ is currently priced at $0.005534 USD.

Conclusion

Shiba Inu (SHIB) has entered a buy zone despite its price dropping below $0.000017 recently. Analysts predict a possible increase in case the key support level is maintained. While they are optimistic in the short term, they are cautious in the long term. Investors are also interested in Base Dawgz ($DAWGZ), a Dog-based memecoin that has huge growth potential and a current price of around $0.005534.

How To Buy Crypto With Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.