Watch Out for MANA, SOL, & SHIB This Week: Here's Why!
This week in crypto, three cryptocurrencies are generating significant buzz: Decentraland (MANA), Solana (SOL), and Shiba Inu (SHIB). Will SOL & SHIB continue to dominate the crypto conversation? They're certainly among the most discussed.
Solana (SOL) Price Surge and Network Growth
Solana (SOL) price has surged recently, fueled by Bitcoin's declining market dominance and the network's impressive growth. Investor interest is high, and Solana [SOL] has been rallying since the launch of its meme coins.
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Shiba Inu (SHIB): A Short-Term Surge
Shiba Inu stands out with notable gains, surging over 10% in the last 24 hours. As the week unfolds, Shiba Inu shows growth divergence from Bitcoin, and key factors, including its trading volume, could accelerate its growth performance.
MANA's Remarkable Comeback
MANA experienced a relatively small drop from November 17th to 20th, and then staged a remarkable comeback, reaching a 9-month peak above $0.72 this week. While MANA dropped only 6%, its recovery is something to watch.
Other Altcoins to Watch: SAND
Beyond MANA, SOL, and SHIB, keep an eye on SAND. From the crossover (golden cross) at $0.47, SAND could extend higher than $0.60. In the short term, the value of the token could hit $0.70.
Top 3 Cryptocurrencies To Watch: Key Levels
While SHIB price rebounds, it's not out of the woods yet. MANA price recovers, but the technical setup remains in favor of bears. ADA price also warrants attention.
Beyond the Bullish Sentiment: Key Factors
The overall bullish sentiment in the market is important, but remember to do your own research and understand the risks involved before investing in any cryptocurrency. Keep an eye on Retik Finance (RETIK) as well.