Here Are The Predicted Prices of Shiba Inu (SHIB) and Remittix (RTX) If Bitcoin Hits $200,000 This Cycle#CryptoETFMania #GMTBurnVote #CryptoRegulation2025 #CryptoRegulation2025 #XmasCryptoMiracles $BTC

Shiba Inu Eyes 50x Rally as Bitcoin Jumps to $200,000

Shiba Inu (SHIB) jumped 220% over 3 months to breach the $0.00003 resistance. While Shiba Inu is still deeply undervalued from November 2021 ATH levels, its current price puts a May 2021 market price on the coin's level and inspires the continued debate from holders. Shiba Inu ranks 13th on CoinMarketCap, with a market capitalization of more than $16.8 billion post-market corrections.

However, there is still a lot to be sorted out. Only 53% of Shiba Inu holders are in profit, and 43% are losing on-chain. A whopping 73% of Shiba Inu's supply is concentrated among the big players, which makes the token very volatile. Shiba Inu is trading at $0.00002285, near its 100 EMA, which is a critical support level. A break below this could result in further losses, potentially testing the 200 EMA. On the upside, resistance at $0.0000223 remains a key level.

Bitcoins have lately influenced Shiba Inu's momentum. Now, as its valuation keeps on falling, SHIB also saw a bearish signal, and Shiba Inu holders see a 50x rally in case BTC gets to $200,000 in 2025. Bitcoin's momentum will make wider market enthusiasm that might be fostered further, and Shiba Inu's big community stands well to exploit such a momentum.