Trading volume represents the total nominal amount of funds that investors have spent on a particular asset during a given period. It essentially serves as a proxy for measuring the level of investor interest and market participation. The information on this website is for educational purposes only, and investing carries risks. Always do your research before investing, and be prepared for potential losses.
- Shiba Inu thus remains a highly risky bet, with limited upside potential and big downside risk.
- Aidi-inu price is $0, down 0.00% in the last 24 hours, and the live market cap is -.
- But Shiba Inu’s market cap is already bloated at around $5.5 billion, limiting the chance of exponential growth.
- The chart below shows that BONK trading volume has consistently surpassed SHIB over the past month.
All meme coins are risky, but some up-and-coming projects at least offer a strong possibility of 100x gains. That’s because the Shiba Inu price hasn’t yet been able to break above a key short-term resistance zone. With the Shiba Inu (SHIB) price currently up close to 10% from its recent lows, some bulls are questioning whether a new rally is starting. To validate this outlook, however, the Dogecoin bears must first clear the initial support buy-wall around $0.07. IntoTheBlock’s miners’ reserves chart tracks the real-time balances in custody of recognized mining companies and mining pools. However, as many investors bought in on the hype, on-chain data reveals that Dogecoin miners instead, capitalized on the rally to book profits.
How much will be Aidi Inu in 2027?
Notably, the global crypto market has shrunk 12% losing $210 billion since the widespread sell-off that greeted the spot Bitcoin ETF approval. IntoTheBlock’s Global in/out of the money (GIOM) data groups the current DOGE holder wallets according to their historical entry prices. Dogecoin miners’ current trading activity could see the price correlation decouple from SHIB in February.
How much will be Aidi Inu in 2031?
As things stand, BONK, with a market cap of $740 million, appears to be pulling more investor interest than Shiba Inu, despite having only a fraction of SHIB’s $5.3 billion market cap. Interestingly, the chart above shows that Shiba Inu price has displayed more resilience than BONK amid the on-chain crypto market correction phase. Hype surrounding Sponge V2 has driven significant gains in the price of the original Sponge token in recent weeks.
At a still tiny market cap of $15 million, the meme coin has a lot of potential upside as traders keep flocking to Sponge V2. In January 2024 so far, both DOGE and SHIB have posted a strikingly identical price performance. The chart below depicts that both assets shed slightly over 17% in value this month.
So far in January, BONK trading volume has ranged from a peak of $679.8 million to a low of $64.5 million. Aidi Inu (AIDI) is currently ranked as the #31592 aidi inu coin price prediction cryptocurrency by market cap. We making a forecast of future prices for huge amounts of digital coins like Aidi Inu with technical analysis methods.
This calculation shows how much cryptocurrency can cost if we assume that its capitalization will behave like the capitalization of some Internet companies or technological niches. If you extrapolate the data projections, you can get a potential picture of the future Aidi Inu price for 2022, 2023, 2024, 2025, 2026, and 2027. However, Dogecoin miners’ and mining pool’s recent trading disposition could see DOGE price fall behind SHIB in the weeks ahead. No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose.
But Shiba Inu’s market cap is already bloated at around $5.5 billion, limiting the chance of exponential growth. If Shiba Inu price predictions are to turn substantially more bullish, this is the zone to watch. However, a detour below the $0.07 support level could https://cryptolisting.org/ set off margin call triggers and open the doors to a potential $0.06 retest. This essentially implies that the Dogecoin miners have sold off over 290 million DOGE worth approximately $22.63 million in the last 3 months between Nov 21, 2023 and Jan 26, 2024.
Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 750 exchanges. Dogecoin (DOGE) price dipped below the $0.08 mark as bearish headwinds swept across the crypto market in January. On-chain data trends show that Dogeoin miners’ current selling pressure could further exacerbate the downward pressure and open the doors to SHIB delivering a stronger performance in the weeks ahead. Aidi-inu price is $0, down 0.00% in the last 24 hours, and the live market cap is -. With the overall crypto market demand now weakening, the miners’ selling trend could have a more pronounced impact on DOGE price in February 2024. This could open the door to SHIB price action potentially overtaking the pioneer memecoin.
Assets with the largest change in unique page views on CoinStats in the last 24 hours. Since the SAGA phone brought BONK into limelight in December 2023, it has maintained its status as the second most-traded memecoin behind Dogecoin. The chart below shows that while SHIB price dipped 15% in 2024 so far, BONK has shed 22% of its value. Around $4 million worth of $SPONGE tokens have already been staked and are gaining an APY of over 300%. Shiba Inu thus remains a highly risky bet, with limited upside potential and big downside risk.
With a market capitalization of 11.4 billion and 5.3 billion respectively, Dogecoin and Shiba Inu are the two largest memecoin. Matched to a monthly low of $66.4 million trading volume recorded on Jan 27, SHIB has pulled a mid-point average of $198.2 million. The chart below shows that BONK trading volume has consistently surpassed SHIB over the past month.
A sustained breakout above here will be needed for price bets to get more bullish. Despite the recent bounce, the Shiba Inu price bulls can’t get too excited just yet. Ether (ETH) pushed into the upper $2,300s as major UK bank Standard Chartered predicted a potential rally to $4,000.
It currently shows that 528,180 addresses had acquired 45.6 billion DOGE at the average price of $0.071. Notably, considering this is the largest cluster of current Dogecoin holders, if hey make frantic purchases to defend their positions, they could overturn the bearish trend. Like the rest of the megacap cryptocurrency sector, DOGE price has endured significant downward price action in the past month. However, the miners’ $22.6 selling trend analyzed above indicates the bears look set to gain even more ground in the coming weeks.
This puts BONK in position to score more gains if the crypto market flips bullish in February 2024 and beyond. However, since the turn of the year, the media euphoria surrounding BONK and the SAGA phone has dipped. As investor interest wanes, BONK has now fallen behind SHIB in terms of monthly price performance. However, market metrics provide key insights into how both assets could stack up in February 2024.