Back To Top

March 12, 2025

Is Now the Right Time to Buy Dogecoin and Shiba Inu?

Market conditions have been tough for Dogecoin (DOGE) and Shiba Inu (SHIB) recently. Dogecoin’s market cap has plummeted from a peak of nearly $69 billion at the end of 2024 to under $25 billion today. Similarly, Shiba Inu has suffered, experiencing over a 60% drop in price over the past year. Such drastic changes raise the question: Should investors consider buying the dip with these cryptocurrencies? While recent trends may discourage some, savvy investors often capitalize on downturns to accumulate assets at lower prices. Investors should assess risk tolerance and market conditions before making decisions. Understanding the potential for recovery in this niche market of meme-based cryptocurrencies is crucial for formulating a strategic investment approach going forward.

Prev Post

EUR/USD Expected to Consolidate Around 1.0870/1.0950

Next Post

NZD/USD Faces Resistance Near 0.5700 as CPI Report Approaches

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment