Shiba Inu ($SHIB ) may be on the verge of an 85% price surge if Dogecoin ($DOGE ) maintains its upward market trajectory. Together, SHIB and DOGE dominate 62% of the market capitalization of meme coins, with DOGE leading the top ten cryptocurrencies by valuation, surpassing assets like Cardano and Tron.

Analysts point to Dogecoin's strong market position as a catalyst for the potential growth of Shiba Inu. If Dogecoin maintains positive market sentiment, Shiba Inu could replicate these results, igniting investor optimism for a bullish breakout in the near future.

Crypto analyst Ali Charts predicts that if SHIB follows Dogecoin's recent performance, its price could reach $0.000049, which is 85% higher than the current level $PEPE #BtcNewHolder #Dogecoin‬⁩ #Shibalnu .