Invest in Shiba Inu or Dogecoin? This is What $1000 in SHIB vs DOGE Could Be Worth After 3 Months
Shiba Inu and Dogecoin have lately gained rather popularity among many casual and more sophisticated investors because of their lately changing rates and current price growth. Both cryptocurrencies show great communities and have shown great promise for quick returns.
Investors eager to investigate the future value of these coins over the next three months with a $1,000 investment are The present performances of $SHIB and $DOGE are compared in this article together.
Shiba Inu ($SHIB): A Popularity Explosion
With a circulation value of over $15.3 billion and a price right now of $0.000026, Shiba Inu ranks No. 10 in the crypto market. Recently showing notable increases, this meme-based bitcoin trend increased by 153.33% over the past week alone. With an additional value of $0.0000012, SHIB showed potential as a high-growth asset, having seen a significant 44.27% rise last month.
Over the following three months, market experts project SHIB's possible return on investment (ROI) to be as high as 138.9%. If these forecasts come true, then a $1,000 investment now may expand to about $2,389.
Dogecoin ($DOGE): Riding the Market Waves
Now valued at $0.28 and ranked sixth among all the cryptocurrencies based on market capitalization, Dogecoin has also seen a significant increase recently.
DOGE witnessed an 86.38% rise in value over the last seven days and an extra 153.76% growth over the past month, therefore setting it on an increasing path alongside SHIB. Over the next three months, analysts have DOGE expected to gain 100%.
According to this estimate, a $1,000 investment may perhaps double to reach about $2,000.
Conclusion
For those seeking possible quick returns, Shiba Inu and Dogecoin remain attractive investment options; recent performance points to a likely doubling of $1,000 in three months.