Analysts predict a possible surge of SHIB 🚀, due to factors such as the development of Shibarium. One observer believes that the meme coin has a 50/50 chance of surpassing Dogecoin (DOGE) in this bull cycle.

SHIB has had a tumultuous year, with a rise in March and a subsequent decline. Its current price is about $0.00001765, which is 68% higher since the beginning of the year.

Key factors for growth are the interest of retail investors and the progress of Shibarium.