Analyst Amonyx has provided a bold prediction about the potential price increase of Shiba Inu (SHIB) amid expectations of Ethereum's growth.
Ethereum as a Benchmark
Ethereum currently trades at $4,359, and according to Amonyx, a rise to $10,000 would signify a 131% increase. This would also establish a new all-time high, exceeding previous peaks.
Shiba Inu’s Potential Upside
Amonyx forecasts that Shiba Inu could reach $0.001, requiring an increase of over 7,586%. If achieved, this would set a new record for the popular meme coin.
Historical Context and Token Dynamics
Despite the optimistic outlook, Shiba Inu has shown a negative performance in 2025, losing almost 39% since January. However, SHIB often demonstrates a strong correlation with Ethereum, which indicates potential for upward movement if Ethereum rallies.
Amonyx’s forecasts highlight optimism within parts of the Shiba Inu community, emphasizing the importance of Ethereum’s dynamics for SHIB's future growth.
