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SHIB and DOGE Show Promising Pump Signals for the Coming Altseason Phase Ahead
Altcoins SHIB and DOGE show promising pump signals
Both assets could hit new ATH targets in the coming altseason phase ahead
The once memecoins are expected to surge significantly this bull cycle.
With BTC and ETH still expected to reclaim bullish prices and enter their price discovery phases, expectations for highly potential altcoins to enter price discovery grow strong as well. Presently, SHIB and DOGE show promising pump signals for the coming altseason phase ahead. SHIB could see a pump of over 150% while DOGE could pull a 10x price pump this altseason peak phase
SHIB and DOGE Show Promising Pump Signals
No crypto bull cycle has ever been complete without its highly anticipated altseason peak phase. Thus, despite declining BTC and ETH prices, analysts have remained incredibly bullish for the month ahead, as BTC price has pumped since last year, but ETH just set its first ATH this bull cycle. This move confirms that the price of ETH and altcoins are yet to begin their bull pump this cycle
Furthermore, analysts are aware that this bull cycle’s altseason was delayed due to ETH's slow pump, caused by BTC’s early pump this bull cycle. The correction phase in Q1 allowed BTC to bottom, sending both BTC and ETH to new ATH prices. At the moment, analysts see another correction phase about to occur for BTC and ETH this month. Based on historical data, BTC may drop to 5-digit prices before a recovery can take place
Coming Altseason Phase Could be Best on Yet
Since the altseason was delayed and the crypto market will likely go through two correction phases, the price of BTC and ETH are expected to recover and enter price discovery once again. More importantly, a healthier market state will form, allowing other promising altcoins to enter price discovery and set a string of new ATH targets of their own in the coming final quarter of 2025. Two of such bullish altcoins include memecoins, now altcoins, SHIB and DOGE
According to CoinMarketCap analytics, the price of SHIB is currently trading at $0.00001255, showing a 1.59% increase over the last day. The asset also boasts a total market cap of $7,395,932,433.72 and a 24-hour trading volume of $151,697,219.49. SHIB has also yet to set a new ATH this bull cycle, and is still over 85% away from its last ATH price set 4 years ago at $0.00008845.
Similarly, according to CoinMarketCap analytics, the price of DOGE is currently trading at $0.23, showing a 7.17% increase over the last day. The asset also boasts a total market cap of $7,395,932,433.72 and a 24-hour trading volume of $2,908,250,643.96. DOGE has also yet to set a new ATH this bull cycle, and is still over 68% away from its last ATH price set 4 years ago at $0.73.
Based on the two posts above, the same reputed analyst believes that SHIB and DOGE are well on their way to experiencing bullish surges. For SHIB, he marks a divergence confirmation, meaning a massive bullish reversal and a pump of over 150% to the $0.000032 bull target. Meanwhile, he expects a 10x pump for DOGE based on past cycle performances in Dogecoin are suggesting a 860% and higher upside to the $2.28 bull target.