Shiba

Dogecoin

Shiba Inu

The doggy-themed meme coin <a href="https://bitcoinist.com/shiba-inu-dogecoin-killer/">Shiba Inu (SHIB)</a> has witnessed an unexpected uptick in its price after experiencing a mild correction previously. The cryptocurrency’s bullish momentum has caused waves in the market, prompting expectations of new all-time highs that could surpass that of <a href="https://www.newsbtc.com/news/dogecoin/dogecoin-accumulation-doge-millionaires-76/" rel="nofollow noopener" target="_blank">Dogecoin (DOGE).</a> 
<h2 id="shiba-inu-to-make-a-solid-rebound">Shiba Inu To Make A Solid Rebound</h2> 
Decentralized market intelligence platform, Santiment has recently taken to X (formerly Twitter) to shed light on <a href="https://www.newsbtc.com/press-releases/forecasting-shiba-inu-price-trends-and-market-sentiment/" rel="nofollow noopener" target="_blank">Shiba Inu’s promising prospects</a> within the crypto market. The crypto intelligence firm has <a href="https://x.com/santimentfeed/status/1765473704082116724?s=46" rel="nofollow" target="_blank">revealed</a> that Shiba Inu currently stands as one of the top digital assets for traders, potentially <a href="https://bitcoinist.com/shiba-inu-adoption-explodes-20x-shib-dethrone-doge/">outshining Dogecoin</a> within the crypto space. 
According to Santiment’s report, SHIB is poised to make a strong rebound from its initial price correction. The popular <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-memecoins-3000-spike-volume-rally/" rel="nofollow noopener" target="_blank">meme coin</a> has been making bullish waves after experiencing unprecedented gains over the past months.&nbsp; 
In the last month, <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-lead-dev-prediction/" rel="nofollow noopener" target="_blank">SHIB</a> has witnessed a surge of over 261.18%, <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-price-skyrockets-heres-why/" rel="nofollow noopener" target="_blank">recording a price surge</a> above $0.000044 at the beginning of the month. However, its price has since retraced and is now trading around $0.000027.&nbsp; 
Despite the sharp correction, Shiba Inu has quickly rebounded, demonstrating its remarkable resilience. The cryptocurrency’s ability to <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-blasts-into-top-10/" rel="nofollow noopener" target="_blank">overcome key resistances</a> and push out of a downtrend not only underscores its high demand but reflects investor confidence in its value and future potential.&nbsp; 
Unlike Dogecoin, which has only recorded a weekly gain of about 35%, <a href="https://bitcoinist.com/shiba-inu-burn-rate-slows-down/">Shiba Inu’s price </a>increases have surged over 160%, showcasing the cryptocurrency’s ability to keep up with the market’s bullish trends.&nbsp; 
Additionally, in terms of daily trading volume, more investors and traders are looking to favour SHIB over <a href="https://www.newsbtc.com/news/can-doge-avoid-a-dive-sell-pressure-puts-memecoin-to-the-test/" rel="nofollow noopener" target="_blank">DOGE</a>. Presently, Shiba Inu’s 24-hour trading volume sits at over $3.6 billion, while that of Dogecoin is $3 billion. This means that Shiba Inu is currently hundreds of millions above Dogecoin in terms of daily trading volume.&nbsp;&nbsp; 
<h2 id="shib-re-enters-bullish-trajectory">SHIB Re-Enters Bullish Trajectory</h2> 
Shiba Inu advocate and crypto trader, identified as SHIB Knight on X, has <a href="https://x.com/army_shiba/status/1765948693474111525?s=46" rel="nofollow" target="_blank">revealed</a> a long bullish trajectory for SHIB. Sharing a chart of SHIB’s recent price movements, the SHIB supporter disclosed that Shiba Inu has finally broken through the downtrend, lighting a green bullish candle in its price chart.&nbsp; 
The cryptocurrency has been seen sporting new gains in the last 24 hours, with about a 12.20% <a href="https://www.newsbtc.com/shiba-inu/crypto-analyst-optimistic-about-a-shiba-inu-short-term-surge-to-0-000066/" rel="nofollow noopener" target="_blank">increase in its price</a>. At the time of writing, Shiba Inu is trading at $0.000033, steadily moving upwards from its previous downtrend a day ago.&nbsp; 
Including SHIB Knight, various traders and investors are closely watching the cryptocurrency, <a href="https://bitcoinist.com/shiba-inu-price-100-0-0001/">staying bullish on its price outlook</a> and its potential to upsurge top meme coins like Dogecoin within the space.&nbsp; 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/Hy8El6rk/" alt="Shiba Inu price chart from Tradingview.com" width="3286" height="1530">

Shiba Inu To Surpass Dogecoin? SHIB Excitement Levels Near ATH

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