Should You Buy the Dip With Dogecoin and Shiba Inu Right Now?
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have seen their prices punished recently. After rising to nearly $69 billion in market cap in late 2024, Doge's market cap is now less than $25 billion, and Shiba Inu's price is down more than 60% during the past 12 months.It seems fated that these coins might make another attempt at high prices at some point in the future. But does that mean you should buy the dip with your hard-earned cash today in anticipation of that?If Dogecoin and Shiba Inu were worth buying the dip, they would need to meet several criteria as part of their investment theses.Continue reading
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have seen their prices punished recently. After rising to nearly $69 billion in market cap in late 2024, Doge's market cap is now less than $25 billion, and Shiba Inu's price is down more than 60% during the past 12 months.
It seems fated that these coins might make another attempt at high prices at some point in the future. But does that mean you should buy the dip with your hard-earned cash today in anticipation of that?
If Dogecoin and Shiba Inu were worth buying the dip, they would need to meet several criteria as part of their investment theses.
