As bitcoin (BTC) builds momentum toward the psychological $100,000 price mark, speculation intensifies around its impact on altcoins such as XRP and Shiba Inu (SHIB), the second-largest memecoin by market cap.
With some analysts predicting bitcoin could surge to $100,000 in the coming days or weeks, crypto investors are eager to understand what that could mean for SHIB’s price trajectory.
Historically, BTC’s major rallies have triggered altcoin seasons, where tokens like SHIB experience explosive growth. If BTC does break the $100,000 barrier, it could ignite renewed bullish sentiment across the crypto market, potentially lifting SHIB’s price to new heights.
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Shiba Inu price prediction
At the time of writing, the Shiba Inu token trades at $0.00001365, up nearly 4% in the past 24 hours. Several market analysts suggest that if BTC rallies to $100,000, SHIB could mirror past behaviour and follow with significant upward movement.
From a technical analysis standpoint, SHIB has formed a giant double-bottom pattern around the $0.00001070 mark. Notably, this is an indicator often associated with trend reversals.
This pattern features two distinct bottoms and a neckline, which in this case sits at $0.0000333. In addition, a smaller double-bottom has been observed with a neckline at $0.00001565.
Moreover, the Bollinger Bands indicator has shown continued upward movement and has now formed a bullish divergence pattern. Significantly, it is approaching the zero line for the first time since December 2024, an encouraging sign for bullish momentum.
Based on this setup, the initial price target for SHIB lies at $0.00001576, which would represent a 16% gain from its current level.
Should bullish pressure persist and prices push beyond that point, the 50% Fibonacci Retracement level becomes a key target at $0.00002217. This would translate to an increase of approximately 62% from SHIB’s current price.
Further projections hint at SHIB approaching the $0.000033 mark, though much would depend on broader market dynamics, including investor risk appetite and liquidity conditions.
Key metrics like on-chain activity, whale accumulation, and the pace of Shibarium (Shiba Inu’s Layer-2 solution) development could strongly influence SHIB’s potential price movement.
Recall that Shibarium transactions count reached a huge milestone in April 2025, surpassing 1 billion in record time.
However, it’s important to temper expectations on SHIB in the short-term as its supply remains vast. Accordingly, achieving dramatic price increases would require significant capital inflows.
Unlike BTC, which has scarcity built into its design, SHIB must rely more on community-driven demand, project development, and strategic token burns to support its valuation.
SHIB’s potential gains: What investors should watch
As BTC inches closer to the psychological $100,000 milestone, here are a few key factors that could shape Shiba Inu’s price action:
- Bitcoin dominance: If Bitcoin’s dominance remains high during its rally, altcoins like SHIB may lag initially but catch up later.
- Market sentiment: A broad risk-on attitude could significantly benefit speculative assets like SHIB.
- Ecosystem growth: Advancements in the Shiba Inu ecosystem, particularly Shibarium adoption and decentralized finance (DeFi) integrations, could enhance SHIB’s attractiveness.
- Burn mechanisms: Increased SHIB token burns could alleviate concerns about oversupply and positively impact prices.
While a direct 1:1 correlation between bitcoin and Shiba Inu doesn’t exist, SHIB’s historical price action suggests it thrives during the crypto bull markets.
Therefore, a BTC price rally to $100,000 could serve as a major catalyst for SHIB, but actual price outcomes will ultimately hinge on broader market conditions and project-specific developments.
BTC is trading above $96,400 at the time of writing, up 15% in the past month. On the other hand, SHIB price has gained about 7% only within the same period.
