The cryptocurrency market has undergone significant changes, particularly among meme cryptocurrencies. Shiba Inu (SHIB) and Dogecoin (DOGE) showed contrasting trends, while Web3 ai gains popularity due to its functionality.
SHIB Shows Growth in the Market
Shiba Inu (SHIB) surged by 11%, driven by a bullish golden cross where the 23-day moving average rose above the 50-day average. This optimistic signal attracted trader interest. Experts believe that SHIB could climb another 20–30% if trading volume increases. Over 2.6 trillion SHIB tokens were moved within 24 hours, indicating a growing interest in the asset.
DOGE's Decline: Causes and Consequences
While SHIB is showing growth, Dogecoin (DOGE) is facing challenges. The token has recently lost support, reflected in declining trading volumes and a lack of solid reversal signals. Wallet data indicates reduced buying activity, pointing to less interest from retail investors. As a result, DOGE is experiencing pressure due to a lack of real utility and active demand.
Web3 ai and Its Real Functionality
Web3 ai ($WAI) stands out among other tokens with its practical focus. The platform is developing 12 live AI tools for cryptocurrency users, including live price scanners, automated portfolio tracking, and scam detection. $WAI also provides access to platform features, linking token demand directly to their functionality.
In summary, Shiba Inu shows short-term growth, but its sustainability remains in question. Conversely, Dogecoin shows a decline and limited updates, making it less attractive. Web3 ai, on the other hand, offers real opportunities and functionality, making it worthy of attention among cryptocurrency investors.
