đ„đ„Shiba Inu big update đ„đ„
đ„Analyst Expects Shiba Inu to Rise $0.000037: Here is Whyđđ
đShiba Inuâs historical attachment to Dogecoin could see SHIB rise by 20% in the coming days, according to a prominent analyst.
The price of Dogecoin has increased considerably within the past 48 hours, moving from around $0.12 to $0.16 at the time of writing. This more than 20% increase has seen Dogecoin further widen the gap with Shiba Inu in terms of market cap rankings.
Nonetheless, Dogecoinâs rise could spur a run in Shiba Inuâs price over the coming days, according to experienced market analyst Crypto Money King.
According to the analyst, Shiba Inu always follows Dogecoinâs footsteps. Hence, he expects Shiba Inu to match Dogecoinâs recent rise with a 20% run of its own. Such a run will push Shiba Inuâs price to $0.000037 in the coming days.
Shiba Inu is currently trading at $0.000027 and will have to garner momentum quickly for the prediction to come through. At the same time, the analyst warns that the setup will be invalidated if the price of Shiba Inu breaks below $0.000026. To its credit, Shiba Inu continues to trade above that price level in the past 24 hours, increasing the chances of the predicted surge.
For memecoin enthusiasts, it will be interesting to see how the battle for supremacy continues to play out. The Shiba Inu team believes it has what it takes and has planned âsecret wagsâ to help it overtake DOGE. In the meantime, Dogecoin has the upper hand, and the Shiba Inu army must put in greater effort to come back into contention.
Shiba Inu Aims to Recover Ground on Dogecoin
If the latest prediction materializes, it will evidently aid Shiba Inuâs efforts to recover lost grounds. Recall that earlier this month, both coins were locked in a 9th and 10th fight as Shiba Inu nearly surpassed Dogecoin.
