🚀 Shiba Inu Set for 126% Rocket Ride After Dethroning Litecoin in Market Cap Showdown

Shiba Inu isn't just barking up the crypto tree—it's tearing through the canopy. After flipping Litecoin's market cap, analysts see a 126% surge on the horizon. Meme coin or not, SHIB's momentum is turning skeptics into reluctant spectators.

### The Litecoin Leapfrog

When a dog-themed token outpaces a crypto OG like LTC, markets take notice. SHIB's market cap coup wasn't just a fluke—it was a liquidity tsunami fueled by retail frenzy and exchange listings.

### The 126% Prophecy

Technical charts are flashing buy signals even as traditional finance pundits clutch their pearls. The predicted rally would send SHIB into price discovery mode, leaving 'serious investors' scrambling to justify their aversion.

### The Cynic's Corner

Meanwhile, Wall Street still can't decide whether to dismiss this as a joke or quietly allocate 0.5% of their portfolio 'for research purposes.' Either way, the dog is having its day—again.

Shiba Inu Eyes Explosive 126% Rally

In a TradingView post, Maddox predicted that shiba inu could record a 126% rally to $0.0003579 from its current price level. The analyst noted that SHIB has printed confirmed weekly bullish divergence in the Relative Strength Index (RSI). The top meme coin is now attempting to overcome the weekly 200EMA resistance.

The analyst further revealed that a High Volume Node lies just above, and a close above this level will signal a bullish trend. Based on this bullish trend, Shiba Inu could move to the initial target of the weekly pivot at $0.00001774 before it then moves to the $0.0000579 High Volume Node. 

Meanwhile, Maddox noted that the shiba inu price has completed its retracement to the ‘alt-coin’ golden pocket 0.786 Fibonacci retracement. He added that a bearish divergence is currently growing on the weekly RSI but that this will be diverted with a thrust high. The analyst is confident in SHIB’s potential, suggesting that this is a MEME season.

He noted that the Dogecoin price looks ready to go. As such, Shiba Inu is also expected to follow suit, given the correlation between these meme coins, which are the largest ones by market cap. DOGE is up over 38% in the last seven days. 

Shiba Inu has followed and is up over 16% during this period. Thanks to the current uptrend, SHIB has surpassed LTC to become the 18th largest crypto by market cap. The meme coin currently boasts a market cap of $8.89 billion. 

SHIB Ready To Run To The $0.000032 Levels

Crypto analyst Javon Marks had earlier shared a similar prediction to Maddox’s. In an X post, he declared that in the nearer term and by confirmed data, the $0.000032s are levels to come for Shiba Inu in response to a bullish divergence. He added that this 135% MOVE could only be the start of a larger bullish reversal for the foremost meme coin. 

Crypto analyst Friedrich suggested that Shiba Inu could reach its all-time high (ATH) as part of this larger bullish reversal. In an X post, the analyst declared that SHIB is about to blast. He added that with ethereum ripping, the meme coin will go for a retest of its ATH of $0.00008845 for sure. His accompanying chart showed that SHIB could at least reach $0.00008032. 

At the time of writing, the Shiba Inu price is trading at around $0.0000151, down over 3% in the last 24 hours, according to data from CoinMarketCap.