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Cryptocurrency News Articles
Which Meme Coin Will Soar This Bull Run? Shiba Inu, Dogecoin, or JetBolt
Dec 27, 2024 at 07:07 pm
With Shiba Inu's impressive 105.7% rally this year, speculations arise as it tips near the 'death cross' area.
As the crypto bull run of 2025 gathers steam, three tokens have emerged as contenders for leading the next wave of gains: Shiba Inu (SHIB), Dogecoin (DOGE), and JetBolt (JBOLT). Each token boasts unique strengths and a compelling narrative, promising to capture the attention of crypto enthusiasts and investors alike.
Shiba Inu Inches Closer to Death Cross Pattern
After a tumultuous 2024, Shiba Inu (SHIB) price now approaches critical support at the 50 EMA, just around $0.000025 — a level historically associated with potential recovery. SHIB fans believe this technical marker could provide a foundation for Shiba Inu to regain momentum, with its most bullish proponents even arguing it could potentially double its value in the next bull run.
However, signs of a deeper bearish trend are emerging. On SHIB’s price chart, a “death cross” is forming. This pattern is often seen as an indication of strengthening bearish momentum and the onset of a medium-term downtrend. Analysts warn that if the 50 EMA support fails, the token could face further declines, dampening recovery prospects.
As the death cross takes shape, Shiba Inu finds itself at a critical juncture, with the coming days likely to determine whether it can rally back or continue its descent. SHIB supporters will be watching closely, hoping for a technical rebound to propel the meme coin to new heights once again.
Could Trump’s Crypto Policies Influence Dogecoin’s Future?
After a breakout year in 2024, Dogecoin (DOGE) price saw a 243.3% increase, now trading at $0.3151. Elon Musk's role in the Department of Government Efficiency (D.O.G.E) under the Trump administration has fueled speculation about its future.
With Trump's pro-crypto policies and a vision for fostering a crypto-friendly landscape, Dogecoin may see growth under favorable regulatory changes anticipated in 2025. DOGE's 7-day price chart from CoinGecko recovering from a sharp dip earlier this week.
However, DOGE has also faced a significant pullback in December, with a 1.6% dip in the last 24 hours and a nearly 20% correction over the past 30 days. The recent downturn has raised concerns about its ability to maintain momentum, with analysts divided on the short-term outlook.
Will JetBolt Soar With the 2025 Bull Run?
From zero gas to hero status? JetBolt (JBOLT) enters with a hot debut thanks to innovative zero-gas technology and robust Web3 utilities. Having surpassed 200 million tokens sold during its presale, JBOLT’s meteoric rise underscores the growing demand for utility-driven next-gen crypto solutions.
JetBolt's zero-gas technology, powered by Skale, eliminates gas fees entirely, offering users a seamless and gas-free on-chain blockchain experience. This simplifies blockchain interactions for users. Simultaneously, this groundbreaking Skale technology could also provide developers with an efficient edge for building DeFi, NFT, SocialFi, and other Web3 applications.
Moreover, JetBolt boasts a Web3 wallet, featuring integrations like WebAuthN and face recognition. Early buyers during the presale phase enjoy exclusive perks, such as Alpha Boxes offering up to 25% extra tokens for batch purchases.
With a fully operational ecosystem right from launch, JetBolt combines cutting-edge technology with practical benefits, setting itself apart in the crowded altcoin market. JetBolt is making waves with its compelling value proposition and a narrative that could propel it to new heights during the 2025 crypto bull run.
Final Thoughts: Which Meme Coin Will Soar This Bull Run?
As the crypto bull run of 2025 continues to unfold, the battle for the hearts and minds of crypto enthusiasts and investors alike rages on. While SHIB and DOGE have already captured the attention of the masses, JBOLT is presenting a fresh and exciting narrative.
Shiba Inu's technical indicators suggest a crucial turning point, with its fate hanging in the balance as it hovers near a “death cross” pattern based on technical analysts. Dogecoin, on the other hand, is influenced by Elon Musk's involvement and the broader regulatory shifts that could impact its future trajectory.
Meanwhile, JetBolt boasts groundbreaking zero-gas technology and a compelling Web3 value proposition, promising to make waves in the Web3 and crypto communities. It remains to be seen which token will ultimately emerge victorious in this captivating crypto race.
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