Three top crypto coins are drawing everyone’s attention in the crypto market this month: Shiba Inu (SHIB), Dogecoin (DOGE), and Remittix (RTX). Remittix is creating waves with its creative crypto-to-fiat payment solutions and shockingly high price estimates of 50x increases in 2025 while Shiba Inu battles volatility and Dogecoin consolidates for a possible rally. 

Which of these tokens, though, has the most chance for large returns? Whether your attraction is disruptive projects aiming at real-world challenges or memecoins with big communities, read on to find out why analysts are bullish on these promising altcoins.

Shiba Inu (SHIB) Faces Volatility But Retains Bullish Potential

The Shiba Inu price has had a bearish week, decreasing by more than 10%. Before a bearish breakout brought the memecoin down to $0.000020, the Shiba Inu price chart first showed consolidation between $0.000025 and $0.00002. Not too long later, positive momentum resurfaced and the Shiba Inu price rose above $0.000021. Still, the comeback was fleeting since the price dropped to $0.000020. 

Meanwhile, Shiba Inu has also been bearish over the last month with a drop of almost 9%. Still, the community attitude is rather positive, which emphasizes the coin’s potential. It is one of the promising altcoins to watch because Shiba Inu is still trading 77% below its all-time high (ATH) of $0.000088 and experts remain hopeful about the prospect of a retest of this ATH this 2025.

Furthermore, technical indicators show conflicting indications regarding Shiba Inu’s short-term trajectory. Indicators like the MACD and Moving Averages show buy signals on the Shiba Inu price chart, implying that bullish momentum might shortly take control. The Momentum Oscillator still shows sell indications, though, which suggests traders should approach the meme coin with caution.

Dogecoin (DOGE) Consolidates as Bulls Eye Potential Rebound

Over the previous week, the Dogecoin price has dropped 6%, with somewhat substantial swings. The memecoin has been consolidating within a range of $0.44 to $0.33 according to the Dogecoin price chart, suggesting a possible Go to Source to See Full Article
Author: Crypto Daily