Should you buy Shiba Inu as the token awaits the metaverse call

With raving news around the NFT marketplace and the metaverse, it seems this evolution of the crypto world will leave a mark on most other digital currencies. And making Shiba Inu an exceptional identity of the metaverse world, which would impose a great focus on its asset value.

Following a tweet from the Shiba Inu Twitter page on January 24th, 2022. The Shiba Inu network announced their recent plan for joining the metaverse with a giant epithet that replaced the suffix „A“ alphabet with a new term that represents the actual metaverse description known as „verse“. Shibaverse has been coined from the commonly known original Shiba Inu token popularly recognised name.

While there might be joy coming through the end of the news. However, the Shibaverse autonomy does not purely associate with the original Shiba Inu blockchain. Instead, both Shibaverse and Shiba Inu tokens are not under similar developers. Though the effect of the announcement can spark buying interest in the native Shiba Inu Trading ecosystem. Thereby, causing its value to gain positive attraction upon the arrival into the metaverse.

Technical levels to watch before buying Shiba Inu

And with the recent sell-off the cryptocurrency market had undergone in the past few days, this should at least ring a buying signal in the ears of the market players.

Source – TradingView

From the hourly chart, an oversold market condition could trigger the action of bulls towards pushing the price of Shiba Inu (SHIB) Above the $0.00001972 initial support and drive the price of the market to hit near-term resistance at $0.00002598. Similarly from the daily price chart small body candlestick patterns are moving sideways, meaning a good expression that signals the best time to long the assets. Alongside in relation to the oversold condition, the market has experienced recently, printing a range-bound price action above the support affirm a good time to buy Shiba Inu tokens.

Final thoughts

To prevent the price from retesting the $0.00001972 horizontal support. A decent approach to the market will be to go long and create an exit point along with the $0.00002598 resistance.

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You can buy Polygon today, the biggest top 20 winner: here’s where

The live Polygon price today is $1.61 with a 24-hour trading volume of $1.55 billion. It is easily the biggest winner in the top 20 coins by market cap today, having added 11% to its value in the last 24 hours.

Look no farther than this quick guide for all the details around Polygon, whether it makes a good investment, and the best places to buy Polygon today.  

Top places to buy Polygon now

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

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Plus500

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What is Polygon?

Polygon (formerly Matic Network) is a Layer 2 scaling solution that seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains.

It combines the Plasma Framework and the proof-of-stake blockchain architecture. The Plasma framework enables easy execution of scalable and autonomous smart contracts.

Polygon is building new features around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem.

It boasts of up to 65,000 transactions per second on a single side chain along with block confirmation time of less than two seconds. The framework also allows for the creation of globally available decentralized financial applications on a single foundational blockchain.

Should I buy Polygon today?

Polygon can be a lucrative investment, but we recommend doing market research before you commit. It can reverse its gains just as easily.  

Polygon price prediction

According to Coin Price Forecast, Polygon will trade for $3.65 at the end of this year, which corresponds to gains of +42% in value. They expect to see $2.25 per 1 MATIC in the middle of 2022.

In the first half of 2023, MATIC will reach $3.79. In the second half, they predict another increase. It will trade for $4.19 at the end of the year, which is +166% to the current price.

Polygon on social media

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Dogecoin still gaining on Musk tweet, up 7% in 24 h: here’s where to buy Dogecoin

Elon Musk seems intent on giving Dogecoin permanent staying power. The ur-meme coin continues to gain after he tweeted he would eat a happy meal on TV if Macdonald’s started to accept Dogecoin as payment.

If you are attracted to unique features and want to learn how and where to buy Dogecoin, this guide is for you.

Top places to buy Dogecoin now

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Buy DOGE with eToro today

Plus500

Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)

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What is Dogecoin?

Dogecoin (DOGE) is based on the popular „doge“ Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013.

Dogecoin’s creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme.

Dogecoin has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content. You can get tipped Dogecoin by participating in a community that uses the digital currency.

Should I buy Dogecoin today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Dogecoin price prediction

2021 was a great year for DOGE by all accounts. It was trading for $0.0057 at the beginning of the year, reached $0.034 in February, and then went up to $0.74 in early May. However, the coin had lost a large portion of its value about a month later.

Some analysts expect DOGE to hit an ATH of $1 in 2022. Others are less bullish. It can go up to a maximum of $0.40 according to Wallet Investor.

Dogecoin on social media

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