Leading analysts predict Shiba Inu is primed for a massive breakout, with some forecasting a 200% rally as retail investors drive the next parabolic phase.
Shiba Inu has underperformed compared to other meme coins like Dogecoin, but the SHIB community remains optimistic about potential price increases.
Analysts point out that the current price action of meme coins is following a historical pattern, with the first warm-up pump followed by a consolidation phase and then a massive rally driven by retail investor enthusiasm.
Shiba Inu's recent rally is seen as a warm-up, with the potential for significant moves and a climb to as high as $0.00015 once retail investors enter the market.