The most popular meme coin, Dogecoin (DOGE), ended the third week of October extremely strongly, gaining 28.5% to $0.143. This price level for Dogecoin is the highest since June 10 and more than a third of a year ago.



As a result, in just one week, Dogecoin erased all of the price losses the meme cryptocurrency had experienced over the past four months.

Where Dogecoin goes next is certainly an interesting question, but what is even more interesting is who will repeat the results after DOGE. Without a doubt, the most noteworthy candidate is Shiba Inu (SHIB).



Focus: Shiba Inu (SHIB) Prices

It’s no secret that SHIB is a kind of beta of DOGE, and the two meme tokens often move in correlation with each other. In fact, their price movements are essentially identical, and recent weeks are no exception. However, the price of the Shiba Inu token has only risen by 7.11% in the past week, similar to DOGE’s trend, but with a four-fold lower increase.




From a certain perspective, the trigger for Dogecoin was the US election, while SHIB did not. However, few would argue that the cryptocurrency market is ultimately governed by price, and based on this, there is no doubt that the Shiba Inu token will continue to rise, following in the footsteps of its predecessors.