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Shiba Inu (SHIB) Ready To Roar! Analyst Calls For A 200% Spike

NewsBTC LogoNewsBTC15h ago

Shiba Inu (SHIB) Ready To Roar! Analyst Calls For A 200% Spike - NewsBTC

Quick Summary:

The current memecoin PA is typical of what we’ve seen before on previous Coinbase listings, take the $SHIB example below: – Warm up pump of 100-200% – Consolidates/dips for a week – Retail frenzy kicks in immediately with a massive +200% green weekly candle Keep holding.pic.twitter.com/Kb5R1cbGGf — Crypto Kitty 💹🧲 (@RoaringKitty) November 15, 2024 According to Roaring Kitty, before meme coins enter their parabolic phase, they show this back-and-forth price movement.

Related Reading: Mantra (OM) Hits New ATH On 132% Weekly Surge – Details SHIB has begun to catch up to the meme coin frenzy that has seized the crypto market, as evidenced by a 20% gain over the past week and an 7% increase in the past 24 hours.

According to the crypto analyst Roaring Kitty, the latest momentum of SHIB is actually a “warm-up rally” since it resembles anything seen yet in the context of meme coin price hikes.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

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Published On: 2024-11-18 @ 08:00:07 (15 hours ago)

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News Source URL: newsbtc.com

Language: English

Article Length: 454 words

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Sentences: 74 lines

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Copyright Owner: © NewsBTC

News ID: 23653902

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