A crypto analyst has observed a notable similarity in the price movements of Shiba Inu and Dogecoin, two popular meme coins. The analyst highlights that both coins seem to follow comparable trajectories, indicating a pattern in their market behavior.
Despite their playful origins, these meme coins have attracted significant attention in the crypto community. The analyst further suggests that Shiba Inu's current price movement indicates a potential bullish uptrend, forecasting a new target for this cryptocurrency.
This analysis comes as investors closely watch for potential opportunities and trends in the meme coin sector, aiming to capitalize on the volatility and popularity of these digital currencies.
