Krutika Adani
Despite a more profound fall in Dogecoin, Shiba Inu has managed to stabilize above $0.000013, leading to a higher degree of bullishness in its price.
As markets expect a rate cut from the US Fed, Shiba Inu might soon start a fresh rally along with the broader markets.
However, unlike an explosive rally like early 2024, experts expect a gradual and stable rally this time.
Shiba Inu might shed another zero this time and reach a high of $0.0001 by the end of 2024 or early 2025.
After witnessing a breakdown in Dogecoin, we can expect a Shiba-led memecoin market. However, it might happen gradually.