If cryptocurrencies can still be considered a relatively new asset class, then meme coins are in their earliest stages. Recently, these assets, which are widely regarded as being devoid of inherent value and relying on the popularity of internet jokes and memes in order to reach the public, have become increasingly popular among investors. Although they are significantly cheaper than the standard cryptocurrencies, meme coins have enjoyed growing adoption rates. The propagation of internet communities, jokes, and language that is specific to the online space has made meme coins more popular among members of the crypto trading community. The lower prices are an advantage in this sense, as the transactions aren’t as risky in case something goes wrong as a result of crypto’s well-known volatility. 

As a result, most investors have started looking into the latest Shib news today in order to make the most of the market movements and increase the value of their holdings. 2025 is set to be a very good year for the market as a whole, and meme coins are no exception. Shiba Inu is expected to grow in the upcoming months as well, meaning that investors need to look at their strategies and decide what are the areas they should improve. 

90% price increase 

The main reason why investors believe Shib is set for imminent growth is the formation of a cup-and-handle pattern. This movement is typically regarded as a definitely bullish one, earning its name as a result of its unique shape. The pattern reassembles a teacup that is followed by a smaller handle-like design that slopes downward. The most likely way for it to resolve is with a breakout, with the upside target measured by adding the maximum height to the breakout point. As of the fourth quarter of 2024, the Shiba Inu coin was in the formation phase around the pattern’s handle. 

Investors are waiting for a breakout move above the resistance line so that Shib can move on to its target, which most investors consider to be around $0.00003545. Shiba Inu reached its all-time high in October 2021, at the height of a very strong rally in the overall crypto ecosystem. Back then, the price was $0.00008616, meaning that if you had the luck to sell roughly $65 worth of the coin during the peak, you’d have made $6.69 million, a 10.30 million percent rise. 

Capital rotation

Shiba Inu and Dogecoin have always been regarded as rivals, with Shib being regarded as an answer to its predecessor. Right now, data shows that Shib has underperformed Dogecoin, with experts believing celebrity endorsement to be one of the main reasons. However, Doge’s relative strength index has remained consistently above 70, a figure that indicates “overbought” conditions. This movement is regarded as potentially troublesome by market participants, as it can mean that the original meme coin is set to lose value in the near future. 

Shiba Inu, on the other hand, has been positioned in a neutral area, which suggests the value has plenty of room to evolve. As a result, most investors believe that they need to prepare themselves for a bull run. The SHIB/DOGE pair is well-known to traders, many of whom have invested in it over the years. Users who want to increase their likelihood of success know that they should look to the RSI associated with this asset class as well. The conditions point to “oversold,” meaning Shib’s selling pressure will be exhausted when compared to Dogecoin. 

Dogecoin is set to experience a cool-off period, which could very well result in capital moving to Shiba Inu instead, propelling the formation of a rally. In the past, similar technical setups could have led to rallies as big as 150%. The fact that the current United States administration appears to be almost unanimously crypto-friendly is also very helpful, as it leads investors to believe that a rally is definitely in the making. 

Success journeys

Although Shiba Inu is fully decentralized, some investors have expressed concerns regarding the fact that whale accounts control billions worth of the token. One of these big investors is known as Shibtoshi, a person who amassed roughly $5 billion with less than 40 ETH coins. Not much is known about this enigmatic figure, except that he hasn’t dealt with stocks and shares in the past, doesn’t refer to himself as a “trader,” and enjoys shooting and hunting in his free time. He approached the meme coin with a gambler’s mindset and declared that he underwent a lot of trial and error on his path to success. 

According to Shibtoshi, the gains are far superior in the crypto world despite their volatility. He started leaning into crypto after perpetuals became a thing. The perpetuals are a kind of derivative contract that allows you to speculate on the movements and price changes of crypto coins without being an asset owner yourself. For Shobtoshi, the coin gradually became a way to earn passive income, but he admitted that there had been many setbacks on his way to becoming a Shiba Inu billionaire. 

He described having known about crypto since 2010, but wasn’t interested about it at the time. However, after reading the Bitcoin white paper he found the concepts of decentralized finance and blockchain transactions to be very interesting as unlike standard financial institutions funds couldn’t be frozen here. Shibtoshi also described how traders must be patient when extracting value in order to make the most of their assets. 

The future 

There’s no telling how the crypto market will evolve specifically. All the estimations and predictions are not 100% accurate, and while some of them materialize to a certain extent, there are many that don’t. It’s important to keep that in mind when coming up with a strategy that is tailored to your portfolio and financial goals. As a general rule, you shouldn’t give credence to any claims that seem too good to be true, such as values climbing considerably in a matter of just a few weeks. Even if that happens, the gains are more likely than not to be temporary. 

Do your own research before investing in a marketplace, and never make impulsive decisions when it comes to crypto. Although FOMO can get strong, doing so is more likely to cause losses rather than gains.