Recent forecasts are projecting a significant increase in the price of Shiba Inu (SHIB), with expectations set for a potential fourfold rise. This optimism follows patterns previously observed in Dogecoin, indicating a possible trend in the cryptocurrency market regarding meme coins.
A major factor contributing to this hopeful forecast is the substantial uptick in SHIB accumulation. Large holders have reportedly increased their holdings by an astonishing 7,000% within just one week, lending credibility to the predictions of a price surge.
