$ Shiba Inu (SHIB) Could be Preparing for Another Rally with Three-Digit Gains.

Analysts are predicting a substantial price increase for Shiba Inu, citing its recent strong performance and the possibility of breaking through key resistance levels. The growing interest in SHIB is evident through increased Google searches and the development of the Shibarium layer-2 solution.#SHIB

There is a possibility of a 150% increase in price in the near future for Shiba Inu. The recent decline in Shiba Inu's price has been in line with the overall correction in the cryptocurrency market. Bitcoin (BTC) recently dropped below $66,000 after reaching new all-time highs for several days in a row. This decline led to significant liquidations, particularly affecting long traders. Many analysts are optimistic that the market will bounce back soon, viewing this correction as a common "buy the dip" opportunity.

JAVON MARKS, an X user, has asserted that #SHIB has recently demonstrated significant resilience, highlighting its remarkable triple-digit price surge on a monthly basis. According to the analyst, if SHIB manages to surpass the resistance level of $0.000081, it could potentially trigger an impressive surge of 147%.

Ali and JAKE, two users on X platform, recently shared their optimistic predictions about SHIB. JAKE specifically projected that SHIB has the potential to emerge as the leading meme coin by 2025. Presently, Dogecoin (DOGE) holds the top position with a market capitalization exceeding $23 billion, while Shiba Inu follows closely behind with around $19 billion.