A well-liked crypto analyst who appropriately predicted the latest rise of Dogecoin (DOGE) says one other dog-themed meme coin could also be subsequent.
The pseudonymous dealer SmartContracter tells his 213,000 Twitter followers that the Ethereum-based altcoin Shiba Inu (SHIB) will possible witness an echo rally.
“In the event you missed DOGE, which is okay by the way in which, you continue to have an opportunity to hop in SHIB with all of the [others] who will purchase it pondering they missed DOGE.”
SmartContracter then compares the weekly charts of the 2 altcoins when paired with Bitcoin.
The comparability reveals SHIB is seeking to break a line of resistance that Dogecoin lately exploded previous. The analyst says the 2 charts paint a “lovely image” exhibiting similarities on a technical degree.
As for DOGE itself, SmartContracter doesn’t imagine the unique memecoin has run out of steam.
At time of publishing, Doge is up 24% within the final 24-hours, at $0.15. SHIB is up 7.5% at $0.00001323.
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