Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Shiba Inu — Asian Wrap 22 January
|Bitcoin price struggles to sustain above $41,000 as whales strategically position for next BTC move
Bitcoin price declined throughout last week. The largest asset by market capitalization, is struggling to keep its head above volatile waters, at $41,000. At the time of writing, BTC price is $41,101. Crypto analysts expect a bounce from the current price level, if the asset fails to rally, further correction in BTC price is likely.
Dogecoin volume and social dominance hits 2024 peak as X launches dedicated payments account
Dogecoin on-chain metrics, volume and social dominance support a price recovery thesis for DOGE. Elon Musk’s social media platform X launched its dedicated payments account handle, @xpayments, fueling anticipation among DOGE holders regarding the cryptocurrency’s acceptance as payment.
Shiba Inu price eyes 12% gains as Shibarium inches closer to new milestone
Shiba Inu’s Layer 2 chain Shibarium is on its way to set a new record with the completion of 300 million transactions. Shibarium is the scaling solution in the SHIB ecosystem and the milestone could catalyze SHIB price recovery.
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