Cryptocurrency

Can Bitcoin (BTC) Hit $90,000 This November? Dogs Season: How High Can DOGE and SHIB Go in Q4 2024?

IndustryTrends

With the potential for striking rises, Bitcoin, DOGE, and SHIB have taken the stage as the last months of 2024 draw near. Predicts bloom among analysts around the cryptocurrency space, and many are wondering whether Bitcoin will top $90,000 in November. Besides Bitcoin, the two dog coins-- DOGE and SHIB-- are giving many people hopes of a great return, as they are believed to soar high come Q4 2024.

Bitcoin’s Path to $90,000 in November

Historically, Bitcoin has sparked market rises; 2024 is no different. Analysts at CoinCodex believe that the upward momentum of Bitcoin is projected to last over the whole year. Bitcoin is expected to hit a fresh all-time high of $76,107 on October 31, 2024, up 7.15% from its present pricing levels. With CoinCodex estimating Bitcoin to reach $93,51 by November 27, 2024, this trajectory is projected to quicken in November. For Bitcoin, this would be a huge leap across the $90,000 level for the first time and yet another historic mark. Rising institutional adoption, increased usage of Bitcoin as a hedge against inflation, and expectation of the 2024 halving event—which has historically set off major price swings—are some of the several elements driving this positive view. The possible ascent of Bitcoin to $90,000 would also reflect a solid market attitude and inspire positive enthusiasm throughout the crypto industry. Altcoins usually follow BTC as it increase, so DOGE and SHIB become relevant.

Dogecoin (DOGE) and Shiba Inu (SHIB) in the Dog Season Rally

The "Dog Season" is the period when dog-themed cryptocurrencies like Dogecoin and Shiba Inu show notable price swings, usually in line with more general market booms driven by Bitcoin. Two of the most well-known meme coins, Dogecoin and Shiba Inu, have never ceased to amaze investors and traders with their devoted communities and explosive potential. Recent months have seen very impressive Dogecoin performance. At $0.1598 now, DOGE has jumped 18.87% over the past week and 52.27% over the past month. By the end of Q4 2024, Dogecoin is expected to reach as high as $1 based on current increasing velocity. Rising utility, more acceptance, and the continuous impact of famous personalities like Elon Musk help the coin to flourish. Currently valued at $0.00001762, Shiba Inu has also performed really well; up 8.87% in the past month and 29.61% over the past two months. Shiba Inus' price has been raised in part by their strong community support and growing ecosystem. Analysts estimate SHIB might wipe a zero from its price, landing $0.00018 before 2024 ends.

Strong market conditions and a driven user base help DOGE and SHIB as well. Many investors, meantime, are going to smaller, developing coins for better profits since their market values currently are somewhat big. Rexas Finance (RXS) is one such token meant for even more significant increases than DOGE and SHIB.

Rexas Finance (RXS): A Bigger High Than DOGE and SHIB?

As a quick-growing competitor, Rexas Finance (RXS) is creating waves in the crypto market. Originally driven to transform distributed finance (DeFi), Rexas Finance (RXS) has expanded from strength to strength from the beginning of its presale. The coin has already seen a more than 133% price increase, and investors are seeing it as a significant chance for outsized returns more and more. Rexas Finance (RXS) is more than just a currency, unlike meme coins like DOGE and SHIB. Deeply ingrained in the Rexas ecosystem, which centers on real-world asset (RWA) tokenization, it is a major factor in the direction of distributed finance going forward. While building a strong community around RXS, the Rexas team is building a strong platform enabling users to interact with DeFi possibilities. Rexas Finance's (RXS) presale has been quite successful; every level sold faster than expected. Beginning at $0.03, the token's price jumped when presale events closed ahead of time. Recent completion of stage 4 of the presale; RXS will join stage 5 at $0.07. Over $5,450,000 has been raised in the presale for the project; demand is still rising.

Future highs for RXS might be $20, a return that would surpass even Dogecoin's growth potential. Analysts project this as well. Driven by actual utility and strategic placement inside the DeFi market, long-term investors are increasingly looking at RXS as the token with the highest potential for explosive gains, even while DOGE and SHIB may draw short-term traders.

About Rexas Finance :-

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

HalloweenGiveaway: https://x.com/rexasfinance/status/1851983620765852009

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