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Shiba Inu (SHIB) Shows Resilience, Potential for 182% Rally Amid Bitcoin’s Bullish Momentum

Shiba Inu (SHIB) Shows Resilience, Potential for 182% Rally Amid Bitcoin’s Bullish Momentum

CoinotagCoinotag2025/04/25 16:00
By:Marisol Navaro
  • Shiba Inu (SHIB) stands out as a resilient player among meme coins in 2025, demonstrating notable strength amidst broader market challenges.

  • With a robust correlation to Bitcoin at 0.82, SHIB appears poised to capitalize on BTC’s bullish trends this quarter.

  • Experts suggest that SHIB may surge by 182% to retest previous highs if the meme coin market sentiment continues to improve.

Shiba Inu (SHIB) is gaining traction, outperforming other meme coins as it aligns closely with Bitcoin’s momentum—potentially setting the stage for significant gains.

SHIB Outperforms Other Meme Coins Despite Market Challenges

This year has been challenging for the meme coin segment, with 9 out of the top 10 trading in the negative zone.

Although Shiba Inu has experienced a decline of 33.11%, it has performed better than key competitors like BONK, PEPE, and DOGE. These coins have undergone deeper price corrections.

While significant, SHIB’s losses are relatively minor, which could place it in a advantageous position should investor sentiment in the sector start to shift positively.

Shiba Inu (SHIB) Shows Resilience, Potential for 182% Rally Amid Bitcoin’s Bullish Momentum image 0

Top Meme Coins Performance YTD. Source: Messari.

If the overall cryptocurrency market rebounds in the upcoming quarter, SHIB stands to gain alongside the entire meme coin landscape. Historically, large-cap meme coins tend to experience sharper rallies during broader market upswings.

However, they are also susceptible to steeper corrections when market conditions worsen. Should momentum return, SHIB is likely to be among the first to experience a strong positive response as risk appetite among investors improves.

SHIB’s Strong Bitcoin Correlation Positions It for Potential Gains

Currently, Shiba Inu exhibits a significant correlation with Bitcoin (BTC), currently measured at 0.82.

With Bitcoin building momentum for Q2, this strong connection suggests that SHIB could be positioned for a substantial rally.

Over the last week, BTC has surged by over 10%, while SHIB’s performance has exceeded 16%. This activity indicates that SHIB is already responding more aggressively to Bitcoin’s upward price movements.

Shiba Inu (SHIB) Shows Resilience, Potential for 182% Rally Amid Bitcoin’s Bullish Momentum image 1

SHIB Correlation With Other Coins. Source: IntoTheBlock.

Should Bitcoin continue its ascent and potentially breach the $100,000 mark—a level some analysts believe may be reached in Q2—it could catalyze all-time highs for many cryptocurrencies.

In such a scenario, SHIB could emerge as a significant beneficiary among the leading meme coins. Given its substantial beta and strong correlation with BTC, any major breakout from Bitcoin would likely amplify SHIB’s gains, marking it as a token to closely monitor in the weeks ahead.

SHIB’s Path to Revisiting 2021 Highs: A 182% Rally Needed

During the last major rally, Shiba Inu showcased remarkable gains, surging 157% between September 18 and December 11, 2024.

This increase was driven by a mix of enhanced Bitcoin momentum, renewed enthusiasm for meme coins, and increased retail participation. SHIB has demonstrated that once momentum is established, its price movements can accelerate rapidly, often surpassing the performance of the general market.

Shiba Inu (SHIB) Shows Resilience, Potential for 182% Rally Amid Bitcoin’s Bullish Momentum image 2

SHIB Price Analysis. Source: TradingView.

If SHIB embarks on a new upward trend, propelled by heightened interest in meme coins and Bitcoin’s further ascent, it would require an increase of approximately 182% to revisit the $0.000040 price level.

This milestone would mark the first occasion SHIB reaches that price since December 2021. Given its history of rapid rallies once momentum builds, SHIB could find itself well-positioned if the market climate remains bullish.

Conclusion

In summary, Shiba Inu is navigating a challenging landscape while showing signs of resilience. Its strong correlation with Bitcoin could position it favorably for a revival alongside broader meme coin sentiment. Investors should watch for potential rallies as market conditions evolve, making SHIB a noteworthy token in the upcoming trading sessions.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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