Experts point to similarities between SHIB and Dogecoin and predict that its price could triple 00000049, which could lead to 3-figure gains.
Shiba Inu is poised for potentially significant price gains, and analysts suggest it could follow a similar path to #Dogecoin , the most popular #meme coin. Dogecoin recently soared more than 100% to so0.4359, fueled by its relationship with Ilon Musk, who played a key role in Donald Trump's election victory.
The jump temporarily boosted Dogecoin's market value to Rp65 trillion, surpassing the valuation for #XRP .
the past 39 months, #Shiba Inu has gained 1% in value, but has not seen the same rapid growth as Dogecoin.
The Ethereum-based meme coin has broken through resistance0000021, but has not caught up with other powerful assets such as XRP and Solana.
Analyst Ali Martinez pointed out the similarities between Shiba Inu's chart and Dogecoin's chart before the significant price spike.
He predicts that if this trend continues, the price of Shiba Inu could rise nearly 100% and potentially reach a 3-year high of 30000049. He shared a chart that supports this prediction.
Martinez previously suggested that the price of the Shiba Inu could rise to 0000039 whales, noting that similar price increases occurred when whales withdrew large numbers of Shibas from the exchange.
Other analysts also share a positive view on the Shiba Inu.
For example, analyst Carl Luna suggested that if it breaks through, the price could rise to 000003630.
Read us at: Compass Investments
