- DOGE and SHIB are 95% correlated proper now.
- If SHIB hits $0.001 (a 7,798% leap), DOGE may hypothetically climb to $13.
- Analysts have floated a $10 DOGE goal—won’t be as loopy because it sounds.
Alright, so—let’s discuss Dogecoin. Yeah, that scrappy, meme-loving coin that simply gained’t stop. Regardless that the market’s been wanting tough currently, and DOGE has taken a success (like, a massive one), there is likely to be one thing brewing beneath all that crimson.
The Ugly Numbers (However Grasp Tight)
To date this 12 months, Dogecoin’s been down dangerous—like 46.64% dangerous. Proper now, it’s chilling (learn: struggling) round $0.16. In the meantime, Shiba Inu hasn’t fared a complete lot higher—down about 40.08%. Not precisely sunshine and rainbows, proper?
However right here’s the twist: buyers don’t appear too shaken. In reality, some massive SHIB wallets have began stacking once more. Purchase the dip? Possibly. Or perhaps they know one thing the remainder of us don’t.
The SHIB-DOGE Connection
Right here’s the place it will get fascinating. Analysts have been dreaming (once more) about SHIB hitting that magical $0.001 mark. It’s been a factor since final September when a dude named Krao mentioned it may occur. Positive, it nonetheless feels far off—however the hype could be very a lot alive.
Now—that is the juicy half—Dogecoin and Shiba Inu have been transferring nearly in sync. We’re speaking a 95% value correlation during the last couple of months. In accordance with IntoTheBlock, that’s rock strong.
So, the considering goes: if SHIB actually does explode as much as $0.001, Dogecoin may simply journey that very same wave. Meme magic, child.
If SHIB Moons, May DOGE Go to $13?
Let’s do some math. SHIB is at the moment priced at $0.00001266. For it to hit $0.001, it could have to pump by a loopy 7,798%. Yeah, no typo—seven-thousand-something p.c.
Now, if DOGE sticks to its regular rhythm and follows SHIB’s transfer with that 95% correlation? That very same 7,798% leap would take Dogecoin from its present $0.1682 to… drumroll… round $13.20. Wild, proper?
Most analysts haven’t precisely backed a $13 DOGE, however $10? That’s been tossed round. In reality, Ali Martinez mentioned again in February that $10 is doable if DOGE holds key assist. And even earlier, Dima Potts was calling for a $10 DOGE by Might 2025.
So… Is It All Hopium?
Possibly. Possibly not. It’s crypto—loopy stuff occurs. However one factor’s for certain: so long as DOGE and SHIB maintain dancing in sync, one’s moonshot may simply drag the opposite alongside for the journey.
For those who’re nonetheless holding that DOGE bag from the Elon tweets period… who is aware of? You won’t be out of the sport simply but.