Shiba Inu Price Prediction – SHIB pumps out 14%, but this other coin could go up 10x

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Shiba Inu jumped 14.6% to $0.00001231 at the time of writing. The meme coin is one of the top gainers among the top 20 cryptocurrencies by market capitalization. Over the past week, SHIB has gained around 22%.

Shiba Inu Price Analysis

Shiba Inu is following a similar trend seen with most meme pieces over the past few days. Meme coins have struggled to weather the bear market this year, but the notable price gains seen over the past day have recouped some losses.

In the past 24 hours, SHIB traded between $0.0000107 and $0.00001270. SHIB’s trading volumes increased significantly to $1.4 billion during this period. The bullish sentiment across the broader market could see an influx of buyers pushing SHIB’s price higher.

If SHIB maintains the rally, it could likely test the resistance at $0.00002. The meme coin community is currently actively buying due to the news of Elon Musk buying Twitter. If this bullish sentiment continues to be in play amid an FOMC rally, SHIB could continue to post double-digit gains in the coming days.

Shiba Inu has a Relative Strength Index of 54, which puts the meme coin in neither overbought nor oversold territory. The notable gains made in the last 24 hours have not influenced the buying pressure much, increasing the chances that the current bull run will hold.

Crypto analysts have also turned bullish on SHIB. Gigantic Rebirth, one of the analysts who predicted Bitcoin’s latest ATH and Terra crash, predicts that SHIB will rise as the DOGE/SHIB pair reverses. The DOGE/SHIB pair was strong amid a noticeable pump in the larger meme coin.

This coin meme could rally 10x

If you buy SHIB, you can also turn to Tamadoge (TAMA). Tamadoge is a new meme coin that has taken a unique approach in bringing the meme coin community into the buzzing gaming industry to win.

Tamadoge ended its presale after raising over $19 million, and it was soon listed on major exchanges, including OKX. TAMA has gained 1.4% in the past 24 hours to trade at $0.0232 at the time of writing.

Tamadoge recently launched a new non-fungible token (NFT) deposit on OpenSea comprising 20,000 Tamadoge NFTs. NFTs allow players to interact in the soon to be launched Tamaverse.

New Cryptos to Consider Buying

If you want to diversify your portfolio beyond meme coins, you should consider participating in some of the best pre-sales that could yield big wins.

One of these presales is Dash 2 Trade. Dash 2 Trade is a crypto signals platform based on the Ethereum blockchain. It gives investors access to real-time analytics, social sentiment data, and other features to help them make informed trading decisions. The presale has already raised more than $3 million.

Visit Dash 2 Trade now

The next token to explode is IMPT. IMPT is a project focused on reducing carbon emissions. IMPT will allow consumers to receive token carbon offsets when buying from low-carbon brands. After launching earlier this month, the IMPT presale has already raised over $11 million.

Visit IMPT now

There is also the Calvaria presale which raised over 570,000 USDT. Calvaria is a game to win project. However, the game has a unique feature where it will be accessible to players who do not own cryptocurrencies, which could make it a bridge between traditional gaming and blockchain.

Visit Calvaria now


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