SHIB could reach $1, but this $0.000667 token is set to outperform


Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

While Shiba Inu (SHIB) eyes the $1 mark, XYZVerse (XYZ) is targeting a 14,900% surge from $0.000667.

As Bitcoin continues to break records, the crypto world is abuzz with predictions of astonishing gains for altcoins. Shiba Inu (SHIB) is catching eyes, with analysts hinting it could reach the coveted $1 mark in this bullish wave. However, another low-priced token is drawing attention for its potential to surpass SHIB’s performance. 

The token in the spotlight is XYZVerse (XYZ), an all-sport meme coin looking to unite fans across football, basketball, MMA, and more. Aiming for explosive growth, it aspires to become a cultural icon by blending sports passion with crypto innovation.

Score with XYZ: The new meme coin heavyweight

The XYZ token has entered the crypto ring with fearless momentum, knocking out scam projects.

Far from being just another meme coin, XYZ is creating the ultimate playing field in XYZVerse, where the excitement of sports meets the energy of meme culture. Packed with entertainment dApps, prediction markets, and sports betting options, XYZ is poised to attract millions of users eager to join the action.

Notably, Polymarket reached a $1 billion trading volume during the US election betting craze. XYZVerse is gearing up to deliver even bigger results in the GameFi arena, combining meme coin vibes, sports hype, and crypto mass adoption to enable early investors to score big.

SHIB could reach , but this <img fetchpriority=.000667 token is set to outperform - 1" data-lazy-src="https://crypto.news/app/uploads/2024/10/Picture4_xyzverse1.png"/>

For those who missed the meme coin supercycle, XYZ is set to be the next meme coin heavyweight, with potential to outshine its predecessors. While BOME’s 5,000% gains and WIF’s 1,000% rally are history, XYZ is gearing up to surpass them with a 14,900% surge after its TGE.

While currently undervalued, XYZ is primed for listings on CEXs and DEXs, with rock-solid tokenomics ensuring consistent token burns and steady revenue flow. Active community contributors will earn airdropped tokens, making XYZVerse a community-driven project ready to dominate this bull market.

Interested investors can join the XYZ presale for potential 14,900% gains. 

Shiba Inu

Shiba Inu has been on a notable upswing. In the past month, its price jumped by 42.06%, showing strong momentum. Over the last week, it gained 5.19%. However, looking at the six-month period, SHIB’s price edged down by 1.02%, indicating longer-term volatility.

Currently trading between $0.00002316 and $0.00002827, SHIB is approaching its nearest resistance level at $0.00003077. Breaking above this point could lead to the next resistance at $0.00003588, a significant increase from current levels. On the downside, the nearest support sits at $0.00002055, with a secondary support at $0.00001544, levels that traders are watching closely.

SHIB’s Relative Strength Index (RSI) is at 45.06, suggesting that its neither overbought nor oversold. The Stochastic Oscillator is low, at 19.16, possibly hinting at an upcoming upward move. The MACD level is slightly positive at 0.00000001504, indicating mild bullish sentiment.

The 10-day and 100-day Simple Moving Averages are close, at $0.00002528 and $0.00002509 respectively, pointing to a potential alignment of short-term and long-term trends. Based on this data, SHIB might continue its upward trajectory if it breaks through resistance levels, but traders should remain cautious of potential dips towards support levels.

Conclusion

While SHIB shows potential, XYZ aims to outperform with its sports-focused meme coin by uniting fans across multiple sports and targeting 20,000% growth.

To learn more about XYZVersus, visit their website, Telegram, or X.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



Source link

Previous articleVladimir Putin Signs Bitcoin Mining, Crypto Taxation Law