Shiba Inu To Gain 85%? Dogecoin’s Market Role in SHIB’s Price Surge

Shiba Inu Set for Potential Surge as Dogecoin Maintains Market Momentum

Shiba Inu (SHIB) may experience an 85% price increase, mirroring Dogecoin's (DOGE) recent performance.

Together, SHIB and DOGE command a significant 62% of the meme coin market cap. DOGE's position as one of the top ten cryptocurrencies by valuation, ahead of notable assets like Cardano and Tron, adds weight to analysts' predictions.

Analysts attribute Dogecoin's strong market position as a catalyst for Shiba Inu's potential surge. If DOGE sustains positive market sentiment, SHIB could follow suit, fostering optimism among investors for an imminent bullish breakout.

Crypto analyst Ali Charts projects that SHIB could reach $0.000049 if it follows Dogecoin's recent trajectory, representing an 85% increase from its current price.