Shiba Inu Price Forecast: Analyst Predicts 400% Surge – Will SHIB Overtake DOGE?

Shiba Inu (SHIB) price forecasts are turning bullish, with one popular TradingView user predicting a stunning 400% surge in the coming months and weeks.

According to TradingView user without_worries , SHIB has broken out of a downtrend, setting up a repeat of its 400% surge in late February/early March.

With SHIB last close to $0.000018, another 400% surge would see the Shiba Inu price return to near its all-time highs in the $0.000080 area.

A 400% surge would see SHIB’s market cap swell from around $10.57 billion to over $40 billion.

That’s well above Dogecoin (DOGE) ’s current market cap of around $18 billion.

Will SHIB Overtake DOGE?

Of course, if the Shiba Inu price experiences a rapid surge, Dogecoin would also be expected to surge.

And it would be a tough ask for Shiba Inu to catch up.

Dogecoin has the advantage of being older, being on its own decentralized blockchain (unlike SHIB, which is an ERC-20 token ), and having the backing of world-famous billionaire Elon Musk .

Where Next for the Shiba Inu (SHIB) Price?

Shiba Inu (SHIB) has recently been consolidating within a pennant structure, suggesting a rising likelihood of a near-term breakout.

That syncs up well with without_worries analysis.

A near-term surge towards the $0.000030s area could be on the cards, marking the first leg of the potential 400% rally.

While the Shiba Inu price has many near-term potential, some investors will look for higher upside potential.

Getting into high-potential new meme coins early is one of the best ways to make big gains.

One way to join a meme project at its earliest stages is to buy into it at the presale stage .

One presale analysts at Cryptonews.com think has big potential is a new GambleFi meme coin called Meme Bets (MEMEBET) .

Meme Bets is building a Telegram/web meme coin casino and sportsbook, which is an industry first.

See why Cryptonews.com’s in-house analyst, Crypto Chester, ranks it among his top three coins in the video below.

Buy MEMEBET Here