Shiba

2024

Shiba Inu

GameStop

Kitty

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Renowned crypto analyst&nbsp;<a href="https://x.com/ali_charts/status/1790023610159001968" rel="noopener noreferrer nofollow">Ali Martinez</a> suggests a potential bullish surge for&nbsp;<a href="https://u.today/crucial-airdrop-warning-issued-to-shiba-inu-shib-community" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a>, the meme-inspired cryptocurrency, predicting a 20% upswing if it manages to breach the upper boundary of a descending parallel channel at $0.00002444. Martinez's analysis, depicted in a chart attached to the post, indicates SHIB's trajectory aiming at surpassing this crucial resistance level.
Today's cryptocurrency market saw a notable uptick, particularly for meme-based digital assets. According to data from CoinMarketCap, the meme cryptocurrency sector experienced a significant 5.56% surge in capitalization, amounting to a staggering $52.94 billion. Trading volumes for the meme-inspired tokens surged by over 118%, underscoring the heightened interest and activity within this niche. <img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="96cc1b81-5b78-40ae-a855-25189623c814" src="https://u.today/sites/default/files/inline-images/GNdwhUlXoAEYaYY.jpeg">Source: <a href="https://x.com/ali_charts/status/1790023610159001968" rel="noopener noreferrer nofollow">Ali Martinez</a>
Leading the charge alongside&nbsp;<a href="https://u.today/shiba-inu-shib-hanging-from-edge" rel="noopener noreferrer nofollow">SHIB</a> are other meme coins like&nbsp;<a href="https://u.today/3573-billion-pepe-purchased-on-binance-after-major-meme-coin-development" rel="noopener noreferrer nofollow">Pepe Coin (PEPE)</a> and&nbsp;<a href="https://u.today/dogecoin-doge-skyrockets-71-in-volume-whats-happening" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a>. This surge in meme coin activity coincides with the resurgence of interest in the crypto space, possibly fueled by the return of Keith "Roaring Kitty" Gill to the limelight.&nbsp;
<h2 dir="ltr" id="roaring-kitty-is-back">"Roaring Kitty" is back</h2>
Gill, notable for his involvement in the GameStop (GME) stock short-squeeze saga in 2021, has once again become a prominent figure in financial discussions.&nbsp;
<blockquote>
 <a href="https://t.co/YgjVqtgcNS" rel="noopener noreferrer nofollow">pic.twitter.com/YgjVqtgcNS</a>— Roaring Kitty (@TheRoaringKitty) <a href="https://twitter.com/TheRoaringKitty/status/1789807772542067105?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 13, 2024</a>
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A former financial advisor and investor, Gill became widely known for his bullish stance toward GameStop. His enthusiastic and persuasive posts attracted a large following in the online trading community, influencing many retail investors to buy shares of GameStop, creating a sort of cult.
While SHIB stands out among its meme coin counterparts, Martinez's forecast injects a renewed sense of optimism into its trajectory. The potential 20% upswing, contingent upon breaching the resistance level, could herald a significant bullish trend for the SHIB community.

Shiba Inu (SHIB) May Skyrocket 20% If This Happens

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