Why Are Dogecoin and Shiba Inu Price Crashing Over 25% Today?

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Which Memecoin Explodes First If Bitcoin Price Hits $100K Before April? – Crypto News

Published

2 days ago

April 13, 2025

Dripp

With Bitcoin (BTC) swiftly reclaiming $80K, the outlook for crypto markets has improved, with many expecting altcoins to rally. Among memecoins, can Dogecoin (DOGE) lead or will Shiba Inu (SHIB) price take the initiative?

Bitcoin’s $80K Move Improves Odds for DOGE & Shiba Inu Price Rally

With Bitcoin finally showing bullish signs, the outlook remains optimistic. In such a case, Shiba Inu price has the upper hand, as seen in the past few days. Comparing returns shows that in 2025 on TradingView, SHIB price is down -42% while DOGE price is down -48%, showing that the selling pressure from Shiba Inu holders is not much.

If Bitcoin’s trend remains bullish and holds its ground above $80K, BTC could easily revisit $100K before April ends. In such a case, Shiba Inu looks more primed to rally and lead.

Shiba Inu Price vs. Dogecoin Price Performance

Between Dogecoin and Shiba Inu, investors are much more interested and committed to SHIB compared to DOGE. Moreover, Elon Musk’s involvement with the former hampered the popularity and the first meme coin has not been the same since.

Shiba Inu, on the other hand, was designed and marketed as a Dogecoin-killer, which is what caused exorbitant rallies in the initial days. Hence, chances of SHIB outperforming the original dog-based meme coin are higher.

Dogecoin & Shiba Inu Price Analysis

Dogecoin price shows that it is currently bouncing off the $0.139 to $0.150 support levels. These barriers were critical resistance levels in mid-2024, but a breakout above this led to a 250% rally in the next 50 days. Hence, holding these levels is key for DOGE bulls for bullish reversals and restarting the uptrend.

A breakout above $0.196 will signal a flip of the market structure, favoring bulls. In such a case, Dogecoin price prediction hints at a 60% rally to $0.313. However, if the buying pressure is strong, DOGE could revisit $0.484 after a 110% climb.

Shiba Inu or Dogecoin: Which Memecoin Explodes First If Bitcoin Price Hits $100K Before April? — DOGE/USDT 1-Day Chart

A quick look at the Shiba Inu price action shows that it has breached the declining trendlines that serve as resistance. Now, SHIB needs to overcome the $0.00001364 hurdle and flip it into a support floor to confirm the start of a bull run.

In such a case, this Shiba Inu price forecast suggests that the meme coin could explode 108% to $0.00002868.

Considering that Shiba Inu is a Dogecoin-killer, it is more likely that the new meme coin will skyrocket and lead the meme coin pack. DOGE will have to follow SHIB’s footsteps.