Will Dogecoin and Shiba Inu Reach New Highs This Week? Expert Explains Why BlastUP Is Better Choice

The post Will Dogecoin and Shiba Inu Reach New Highs This Week? Expert Explains Why BlastUP Is Better Choice appeared first on Coinpedia Fintech News

Following the recent peak in the value of popular cryptocurrencies Dogecoin and Shiba Inu, experts are analyzing the benefits of emerging platform BlastUP. As crypto entities navigate volatile markets, the unique advantages of BlastUP gain the spotlight, drawing attention from interested investors. Amidst such a contemporary investment landscape, this piece explores why BlastUP could potentially become a preferred choice for digital currency enthusiasts.

BlastUP Presale Exceeds $1 Million: Anticipating the Next Big Thing in Crypto

BlastUP, the premier launchpad on Blast, has recently made a splash in the crypto world with its head-spinning outset, raising  over $1 million in a few weeks. This project is creating a buzz and attracting the growing number of early investors who have already recognized BlastUP’s high potential.

BlastUP is poised to reach roaring success, with plans to empower Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive suite of tools and a rich rewards system for all those coming on board.

Currently, BlastUP is running its fourth presale stage, offering BlastUP tokens at the lowest price. Buying these tokens now at $0.055, you get a hefty discount of 45%, as the listing price is set at $0.1.

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Holders of BlastUP tokens may benefit from a number of privileges including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.

Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a one-of-a-kind launchpad for easy and efficient blast off in the crypto space.

The comprehensive roadmap of BlastUP extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace.

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DOGE Stabilizes at $0.17, MACD Suggests Short-term Bullish Trend, Long-term Outlook Uncertain

DOGE is currently trading at $0.17, finding some stability from neutral RSI and Stochastic indicators. If discussions fueled by industry giants give it a positive push, we may witness a breakthrough in resistance levels soon. A bullish sentiment by MACD and 10-day moving average opens up the possibility for a price increase in the short-term.

Nevertheless, in long-term analysis, DOGE has been hovering around the $0.17 mark as per the 10-day moving average, hence optimism should be handled with care. If market sentiment moves in a negative direction, we could see a downward trend towards the nearest support level of $0.08, or even lower to $0.05. The 100-day simple moving average at $0.10 also requires close monitoring.

Shiba Inu’s Position Amid Potential 1 Trillion SHIB Token Burn

Shiba Inu is presently in an interesting position in the market, with the news of potentially burning 1 trillion SHIB tokens stirring the waters. Currently valued at $0.000033, closer to the second resistance level of $0.000045, the coin could see a significant price hike if the burn eventuates. With an encouraging MACD buy signal, and a 100-day simple moving average signaling a buy, there’s a chance SHIB could breach both resistance levels in the short-term, especially if the burn generates a surge in demand.

On the flip side, the token burn might not generate the expected buzz, keeping Shiba Inu’s price confined within the current thresholds. The nearest and second-level supports are at $0.000009 and $0.000006 respectively, with neutral RSI and Stochastic RSI fast outcomes. Despite a potentially doubtful 10-day simple moving average sell recommendation, the price may experience a downside volatility towards the support levels. The long-term outlook will largely depend on the market reaction to the token burn, and how it affects the demand-supply balance.

Conclusion

While Dogecoin and Shiba Inu remain intriguing prospects for crypto investors, BlastUP’s unique position within the thriving Blast ecosystem and its innovative concept appear to be driving its immense potential. The comprehensive suite of tools, AI-backed solutions for startup launches, and the rich rewards system it offers, are garnering widespread interest. With a promising roadmap extending through 2026, BlastUP is leading the way and surely stands out as a digital asset for investors seeking high-potential projects in the volatile world of cryptocurrencies.

Site: https://blastup.io/

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