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Dogecoin (DOGE) and Shiba Inu (SHIB) have enjoyed a series of rallies over the past week, supported by speculations that Elon Musk’s Twitter acquisition will give a major boost to meme coins’ utility.
Still, Dogecoin and Shiba Inu’s uptrend is seen to be momentary, leading holders to pick up their gains and invest them in a more secure project, The Hideaways (HDWY).
Successful investors pick winning projects at the earliest possible stage, and The Hideaways is your opportunity to do that. You should invest now before the price rises to maximize your gains. This token will rocket in 2023!
Dogecoin (DOGE) has surpassed smart contract Cardano (ADA), making the meme token the 8th largest cryptocurrency by market cap.
Dogecoin's value came near $17 billion following a 102.90% bull rally at $0.122 in just seven days amid hopes of Musk's Twitter plans.
However, analysts have cited that the ongoing surge is starting to look overstretched, taking Dogecoin (DOGE) to its most overbought level since April 2021.
Thus, DOGE could correct toward $0.055 by the end of 2022, slashing 60% from current price levels. Dogecoin (DOGE) holders could prevent losing their money by immediately placing their recent gains to The Hideaways (HDWY), a brand-new project tagged as a 2022 winner.
Shiba Inu (SHIB) holders are also in profit after the token posted a copycat rally following Dogecoin (DOGE).
In the 7-day timeline, the second-largest meme coin has marked a 19.30% hike to $0.00001212, the highest level since August.
However, some market participants believe that Shiba Inu (SHIB) price pump is also temporary, expecting the crypto to take a dump to
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