Shiba Inu mirrors Dogecoin’s breakout; here’s what to expect

A top analyst sees parallels between Shiba Inu and Dogecoin’s price breakout, with WallitIQ AI token also set for growth.

A leading analyst noticed similarities between the Shiba Inu price chart and the Dogecoin price breakout, stating that history may repeat itself. While the possibility of the Shiba Inu price mirroring the Dogecoin price performance is probable, the emerging WallitIQ AI token could also see fast growth due to its innovative wallet functionalities.

Shiba Inu price set to replicate the Dogecoin price breakout

In a recent post on X (formerly Twitter), a leading analyst, Ali Martinez, observed that the Shiba Inu price behavior closely resembled the Dogecoin price historical trajectory. The Dogecoin price, which surged from $0.1 to $0.4 earlier this month, experienced double-digit gains driven by bullish catalysts such as the US presidential elections and Elon Musk’s influence.

Similarly, the Shiba Inu price appears to be tracing a comparable pattern in its price chart. Martinez noted that between 2021 and 2024, both the Dogecoin price and Shiba Inu price showcased parallel actions, including major rallies, sharp declines, and periods of consolidation.

For instance, the Dogecoin price historic 2021 surge to its all-time high of $0.73 was followed by a drop to $0.05 in 2022. After a recovery above $0.1 in 2023, the Dogecoin price saw steady consolidation and eventually rallied back to $0.4 in 2024.

The Shiba Inu price trajectory aligns closely with this. After reaching an ATH of $0.000083 in 2021, the Shiba Inu price plummeted to $0.000007 in 2022, entered a prolonged consolidation phase, and started recovering in 2024. The Shiba Inu price recently climbed above $0.000044 before retracing to $0.00001. 

WallitIQ’s crypto wallet: The driving force behind its rise as a top investment pick

WallitIQ has created a smart wallet system that will outperform standard wallets regarding transaction speed, profit potential, and security. With its unique AI-driven technology, WallitIQ is changing this crypto market and meeting the changing demands of crypto owners.

WallitIQ’s appeal is derived from its wallet, which is powered by AI and machine learning (ML). This wallet combines advanced security with an intuitive, customizable interface designed to improve user experience and address any issues investors may have with current wallets.

Security-wise, WallitIQ monitors account activity in real-time to spot unauthorized access attempts or suspicious activity. With features like fraud detection, biometric authentication, and robust malware protection, WallitIQ offers more than basic security. SolidProof, a leading security and auditing firm, has audited the crypto wallet, boosting investor confidence and guaranteeing the safety of its crypto holdings.

WallitIQ further improves the experience by eliminating the lag of traditional wallets. Its “Scan and Pay QR” feature simplifies transactions. Consequently, transaction fees are paid with its native token, WLTQ, eliminating the stress of converting other assets to offset gas fees.

Thanks to WallitIQ’s special Physical 2 Digital (P2D) wallet feature, crypto wallet users can also effortlessly switch between digital and physical assets while trading. With P2D, users can store their IDs, licenses, documents, and so on.

WallitIQ uses traders’ data and provides behavioral and predictive analysis in real-time, enabling them to trade crypto and DeFi assets profitably. When users are absent, the wallet can also function as a trading robot, allowing them to issue commands and place trades.

Based on in-depth data analysis, the AI wallet also provides smart transactions and sophisticated portfolio management. These AI features improve the wallet experience and help users make better trading decisions.

Still in the first stage of the WLTQ presale, the platform has raised over a million dollars, signaling high investor interest. As a result, investors who have yet to secure their WLTQ tokens are advised to start purchasing them now, as they are still valued at $0.0171 during the current presale.

Conclusion

WallitIQ’s unique wallet features could be a major catalyst in its growth in the DeFi space. Investors can join the WLTQ train now before it leaves the station. The WLTQ token has also been listed on CoinMarketCap.

To learn more about WallitIQ, join the WallitIQ presale and the WallitIQ community