Crypto Analyst: Shiba Inu Price Set For Massive Surge, Could Go Up Sixfold

The price of Shiba Inu (CRYPTO: SHIB), the second-largest meme coin, is predicted to see a significant uptick, says renowned cryptocurrency analyst Zach Humphries.

What Happened: Humphries foresees a five- to six-fold price surge for SHIB, given the current market dynamics. The analyst, a highly regarded figure in the Shiba Inu community, underscored the increasing momentum of SHIB and its potential to ride on the coattails of Ethereum’s growth.

In a video post on YouTube, Humphries delved into SHIB’s technical, emphasizing the potential to breach the $0.00002960 resistance level. He proposed that this could trigger a bullish rally, possibly leading to a sixfold gain if Ethereum hits the $7,000–$8,000 range.

“Shib and Pepe are primed and ready to go. …

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