Shiba Inu (SHIB), the second-largest meme coin, has had a turbulent year so far but may be poised for a massive rally, according to analysts. Some believe it has a 50/50 chance to outperform Dogecoin (DOGE) in this bull cycle. Shibarium, designed to foster the SHIB ecosystem, could help increase its value through scarcity, and an Ethereum (ETH) resurgence could also boost SHIB’s gains.
Analysts are optimistic about the meme coin’s potential to enter the crypto top 10 list and reach a market capitalization of $100 billion.
