Shiba Inu Momentum Builds ⚡ – 150% Climb Could Be Ahead

Crypto researcher says Shiba Inu has completed a bullish setup and may rise 150%. Fundamentals like the new SEC regulation also boost the top meme coin.

noted that Shiba Inu's setup suggests a 150% rally that would return SHIB to $0.000032. As a bull signal has been validated, he said this rise for the top meme currency is imminent.

Marks previously mentioned Shiba Inu's divergence confirmation, which caused him to expect a meme coin bullish turnaround. SHIB has underperformed YTD, losing 38%. The expert believes SHIB might rise to $0.000081, near to its all-time high.

A Shiba Inu ETF launch might start a SHIB price parabolic run. Marketing lead Lucie emphasized that SHIB has regulated futures on Coinbase, making it suitable for an ETF filing under the general SEC listing guidelines recently granted.

Lucie said SHIB now enters the “ETF-watchlist club” alongside other futures-backed cryptos. She said that a multi-asset-backed ETF might include the meme currency before a SHIB-only ETF. A Shiba Inu ETF would increase meme coin liquidity and pricing.

The analyst claimed that Shiba Inu is the top meme token on Ethereum and is entirely decentralized, with a developing ecosystem that includes layer-2 network Shibarium, DeFi, and NFT goods.

Auto burns and Shibarium improvements in the SHIB ecosystem have reduced the circulating supply, according to crypto analyst Investing Haven. He emphasized that the Shiba Inu ecology remained risky.

Even if the bull structure is developing, SHIB is experiencing a tactical retreat. Along with this, he encouraged investors to watch Shiba Inu ecosystem burn rate and repairs.

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