Biggest Movers: SHIB and DOT Near 3-Month Highs and the Market Can’t Keep a Low Profile
It’s no secret that the crypto markets have been falling, but there’s still a few movers and shakers proving that you can still turn a profit when crypto prices are down. The two biggest movers are SHIB and DOT, and they remain near their 3-month highs despite crypto downturns.
The SHIBear Market
The Shiba Inu token (SHIB) has taken the crypto world by storm over the past few months. Despite prices dropping over the last week, the cryptocurrency is still up almost 1000% since it was introduced. It’s no surprise that this token is making waves, as it’s backed by a hugely popular breed of dog and run by Twitter-based meme accounts.
DOT Heads Higher
The other big mover is DOT, the digital currency of the Polkadot blockchain. It’s become one of the most popular cryptocurrencies this year, with prices more than tripling since January. It’s looking set to continue its impressive performance, with many investors predicting it will reach an all-time high by the end of the year.
Keeping Crypto Volatile
These two tokens are proof that despite the crypto markets falling, there’s still value to be had in the right investments. Both SHIB and DOT are highly volatile tokens, so there’s a risk of both making huge gains or suffering huge losses. However, with the right timing and luck, the rewards are worth the risk.
SHIB and DOT are just two of the movers and shakers in the crypto market, so it’s worth keeping an eye out for other exciting tokens. Who knows, you might find your very own crypto ‘pupcoin’ which could prove to be a real money maker! Until then, let’s keep our paws crossed for SHIB and DOT to continue to remain near their 3-month highs.
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