Memecoins Shiba Inu, Dogecoin Appear Promising as Key Players Make Bullish Predictions ⋆ ZyCrypto

Memecoin forecasts are resurfacing amid market volatility, with prominent voices outlining bullish cycle targets for Shiba Inu and structural signals emerging for Dogecoin.

A widely shared projection for SHIB estimates a cycle top between $0.00003 and $0.00005 by late 2026, inviting traders to justify their own targets. The call comes while Shiba Inu trades at $0.00000614, down 1.46% in 24 hours, largely tracking Bitcoin’s weakness without a coin-specific catalyst. This decline reflects beta-driven pressure amid a soft crypto backdrop.

Technically, holding above the $0.0000060 support keeps the door open for a bounce toward $0.00000650, while a break lower exposes $0.00000550. Analysts describe sentiment as mixed, balancing short-term rebound setups against longer-term concerns tied to supply dynamics. Sustainable upside is likely to depend on tangible ecosystem growth, including increased adoption of Shibarium to counterbalance its vast token supply.

Meanwhile, Dogecoin has reached a structural milestone, according to Alphractal’s João Wedson. For the first time, the asset has accumulated more than 1,100 days in which the price traded above its current level. This metric, known as the Number of Days Spent at a Profit, measures how long prior market participants held positions at higher prices.

Elevated readings suggest prolonged underwater positioning and embedded market memory, a feature often associated with late-cycle resets rather than short-term volatility.

DOGE’s press time price is $0.0966, down 0.72%, while Bitcoin’s decline is steeper. Meanwhile, the technical structure is still weak, and its price is below key moving averages, and RSI is near 40. Yet, the token retains visibility through regulated products such as 21Shares’ Dogecoin ETF, TDOG.

However, combined U.S. DOGE ETF holdings remain under $10 million with muted flows, leaving sentiment and macro conditions as the dominant drivers for now.