A well-known crypto expert, Unipcs aka the Bonk Guy, has recently noted in a post on X that Shiba Inu has just reached a significant milestone by hitting a three-month high. He speculates that meme-based tokens, such as Shiba Inu, are poised for an extraordinary surge in the coming weeks.
Shiba Inu’s price recently achieved a three-month high, currently trading at $0.00001975. The Bonk Guy’s optimistic prediction follows this notable achievement, with expectations that SHIB’s rally will persist if the overall crypto market remains strong and Bitcoin (BTC) continues its upward trajectory.
All Eyes on Shib!
The Bonk Guy highlighted a growing interest in meme coins and anticipates these tokens will experience a dramatic rise in the coming weeks or months. He believes the recent price increase is just the beginning, suggesting there is substantial potential for further growth.
Additionally, the Bonk Guy pointed out his past accurate predictions. For example, on September 26, when Shiba Inu was trading at $0.00001776, he forecasted a price increase. The next day, SHIB surpassed the $0.00002 resistance and set a three-month high of $0.00002063, eventually climbing to $0.00002156.
Dog-Themed Coins Could Follow
He also mentioned that Shiba Inu’s performance could positively impact other dog-themed meme coins like Bonk (BONK), Floki (FLOKI), and DogWifHat (WIF). These tokens are already seeing increased buying interest, which could lead to significant price jumps.
Other Experts Are Bullish Too
Besides the Bonk Guy, other crypto experts also believe that Shiba Inu is set for a massive rally. SHIB KNIGHT earlier projected that SHIB is ready to conquer its previous all-time high of $0.00008616, which was registered on October 28, 2024.
Another analyst, Oscar Ramos, affirmed that Shiba Inu is just beginning its upward trajectory and could soon set a new all-time high of $0.00017 by 2025. Prominent market observer Javon Marks also drew attention to a significant feat recorded by Shiba Inu. He underscored that the token had successfully broken out of a falling wedge pattern. Following this breakout, Marks projected that Shiba Inu could begin a rally toward the $0.000081 territory, where SHIB had registered its previous all-time high in 2021.
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Is this just the beginning for meme coins, or is the hype about to fade? Let us know your take!
