Bitcoin has surpassed $44,000 in value as this article is being drafted. It is not just BTC; other tokens have joined the force to experience a bullish run. While Bitcoin is driven by its halving and Spot Bitcoin ETF application approval, other tokens leverage the opportunity to rise and break their respective ATHs. For instance, Shiba Inu, Dogecoin, and Pepe Coin have all started gaining momentum with expectations that they would fetch positive results for their investors.
To start with, Shiba Inu is currently up by almost 10% over the last 24 hours for a valuation of 0.00000989. It is poised to cross $0.000022 by the end of 2023, as per our Shiba Inu prediction. This is evident from the fact that it jumped by 18.57% in the last 7 days. Its 24-hour volume is slightly down, 0.20%, but it has maintained the sentiments through Market Cap with a surge of 5.28%.
The prices are up since Shiba Inu has experienced an influx of new user transactions. First-time transactions are at their highest rate, probably because most of the users are attempting to avoid the FOMO wave. Shibarium transactions have reached the milestone of 27 million, making it the new ATH for native blockchain.
Dogecoin could easily be termed the most preferred meme coin by the crypto community. It is exchanging hands at $0.10 as this piece is being drafted. This reflects a rise of 15% in the last 24 hours and a jump of 27% in the last 7 days. Interestingly, the current valuation on the board has risen massively, by 36.92%, in the last 30 days. While the market cap has an increase of 8.76%.
Dogecoin is based on two factors, namely its 10th-anniversary excitement and the Dogecoin to the Moon initiative. DOGE-1 Satellite has secured approval from the NTIA – National Telecommunications and Information Administration. The project aims to launch the meme coin to the moon, with the first-ever announcement dating back to 2015.
The frog-icon meme coin, PEPE, is up by 12% in the last 24 hours, trading at $0.000001555. PEPE has instilled a sense of confidence among the inventors by climbing the ladder at a rate of 46.58% since last week. The market cap has surged by 13.08%, with a slip of 1.44% in 24-hour volume. PEPE coin has what it takes to experience the bull run, and it may hit the $0.000002 mark in the coming days based on our Pepe token price prediction.
The community believes that the price increase is predominantly attributable to the release of the GTA 6 trailer. Due to a 345% increase in trading volume, the purchasing momentum has intensified.
Rockstar Games is solely responsible for the current surge in interest in PEPE. However, the token has garnered attention from the community, and its value may skyrocket in the coming days.
DOGE comes as a clear winner when one assumes trading value as the core factor in judging a cryptocurrency. It could still be SHIB to steal the moonlight unless PEPE delivers an unexpected rise in the next 2-3 months.
Having said that, Ethereum is another holding to leverage the rise of the crypto market. ETH is at $2,274.28, with a rise of 2.30% in the last 24 hours.