Price Predictions: Dogecoin (DOGE), Shiba Inu (SHIB), and Snowfall Protocol (SNW)
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
The crypto market has still not stabilized after the recent FTX collapse. While the top cryptos are struggling to stay afloat, it is also the best time to add more cryptocurrencies to your portfolio.
It does not mean you should invest in any crypto you can get your hands on. Invest in high-value cryptos that present a strong case for recovery and high returns. Here are the price predictions for some popular crypto coins in the market right now.
Dogecoin (DOGE)
The bearish bias continues to bog down the price of Dogecoin (DOGE). Dogecoin (DOGE) has shown some bullish moves, but they have not been strong enough. With no support in sight, Dogecoin (DOGE) is set to fall further until it finds enough buyers. The sudden spurt of buying activity at a steep enough discount will halt the downtrend for Dogecoin (DOGE) in one of the worst bearish markets ever.
The big news for Dogecoin (DOGE) right now is whether Elon Musk will step down as the head of Twitter. It has both bullish and bearish consequences for Dogecoin. Dogecoin’s connection with Elon Musk meant that Dogecoin (DOGE) might go bullish if Elon Musk stays at the helm of the bird app’s affairs. However, if he steps down, it can also mean that he will have more time and that he could focus on his Dogecoin portfolio.
If bears win, Dogecoin (DOGE) may see another fall of around 30% in its prices. If it gains value, the maximum gains will be in the bracket of 45%.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is predicted to have a downward price prediction in the short term. Shiba Inu (SHIB) is believed to be a bad, high-risk investment. Shiba Inu (SHIB) is extremely volatile, so making a long-term prediction can be dicey. The volatility of Shiba Inu (SHIB) does not inspire confidence. However, the efforts of Shiba Inu’s (SHIB) developers to move away from the “meme coin” badge may bear fruits too.
Shiba Inu (SHIB) has constantly moved towards its support levels and bounced back from them. Once it breaks support, it can decline by 10 to 20%. 2022 will not see a turnaround in Shiba Inu (SHIB) prices. While the long-term predictions signal a Shiba Inu (SHIB) price rise, it is unlikely to experience a strong rally.
Snowfall Protocol (SNW)
Snowfall Protocol (SNW) is a highly anticipated launch slated for January 3, 2023. The developers of Snowfall Protocol (SNW) have already held a successful presale, followed by a fully sold-out stage 2 sale. Stage 3 of the Snowfall Protocol (SNW) sale is happening right now, and the crypto price is already at a 250% premium over its stage 2 price.
Given the skyrocketing demand for Snowfall Protocol (SNW), experts are predicting a heavy price rise. It is believed that Snowfall Protocol (SNW) will register a growth of 1,000% to 5000% in the very first few months after its launch. If you’re looking to diversify your crypto portfolio and maybe grow it in a universal bear market, then Snowfall Protocol (SNW) should be a part of your portfolio.
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin
