A widely followed crypto analyst and trader is leaning bullish on a mid-cap Dogecoin (DOGE) and Shiba Inu (SHIB) competitor.

Shiba Inu's burn rate has dropped by 50% in the past 24 hours, but analysts remain bullish, predicting a 300% surge by May if key technical patterns hold. Shiba Inu’s burn rate has declined by ...

Trader Notes: Shiba Inu community figure Shib Knight noted that SHIB is currently mimicking Dogecoin's historical price structure, a pattern that could precede significant upside if history repeats.

Shiba Inu (SHIB) was not spared from the selloff ... Some technical analysts note that SHIB has formed a potential double-bottom pattern around the $0.00001050 support level.