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Shiba Inu (SHIB) is showing renewed strength, rising more than 16% over the last week of April. Despite a difficult year for meme coins, SHIB has held up better than major peers like BONK, PEPE, and DOGE.

Its strong 0.82 correlation with Bitcoin suggests it could benefit further if BTC continues its uptrend. If momentum builds, SHIB could be poised for a major rally, potentially retesting price levels not seen since late 2021.

SHIB Holds Up Better Than Other Meme Coins Amid Market Volatility

This year has been difficult for meme coins overall, with 9 out of the top 10 trading in the red.

Shiba Inu is down 33.11%, but it has performed slightly better than other major meme coins like BONK, PEPE, and DOGE, which have suffered even deeper corrections.

While SHIB’s losses are still significant, its relative resilience could position it more favorably if sentiment across the sector begins to shift.

If the broader crypto market recovers in the second quarter, SHIB could benefit alongside the entire meme coin sector. Meme coins are known for their exaggerated moves — large-cap meme coins tend to post even bigger percentage gains when the crypto market rallies.

However, they also tend to suffer sharper corrections when the market weakens. If momentum returns, SHIB could be one of the first meme coins to react strongly to renewed investor appetite for risk.

SHIB Could Ride Bitcoin’s Momentum as Correlation Hits 0.82

Shiba Inu strongly correlates with Bitcoin (BTC), currently at 0.82.

With Bitcoin gaining momentum for the second quarter, this high correlation could also position SHIB for a strong rally.

Over the last seven days, BTC has increased by more than 10%, while SHIB has climbed by over 16%. This suggests that SHIB is already reacting more aggressively to Bitcoin’s positive price action.

If Bitcoin continues to rise and breaks above the $100,000 mark—a level many analysts see as possible for Q2—it could trigger new all-time highs for the broader crypto market.

In that scenario, SHIB could be one of the biggest beneficiaries among major meme coins.

Given its high beta and strong correlation with BTC, a major Bitcoin breakout would likely amplify SHIB’s gains, making it an important token to watch in the coming weeks.

Shiba Inu (SHIB) Needs 182% Rally to Revisit 2021 Highs

In the last major rally, Shiba Inu posted impressive gains, rising 157% between September 18 and December 11, 2024.

That surge reflected a combination of stronger Bitcoin momentum, renewed meme coin hype, and broader retail participation. SHIB price has shown that once momentum builds, its rallies can accelerate quickly, often outpacing the general market.

If SHIB enters a new uptrend cycle, fueled by interest in meme coins and Bitcoin’s push higher, it would need to rise about 182% to retest the $0.000040 level.

This would mark the first time SHIB reaches that price since December 2021. Given its history of sharp rallies once momentum kicks in, SHIB could be well-positioned if the market environment stays bullish.

The post Here Is Why Shiba Inu (SHIB) Could Reach a 4-Year High in Q2 2025 appeared first on BeInCrypto.

POPCAT has faced significant challenges since the beginning of February, as attempts at recovery have failed to materialize. Despite some price rallies, the meme coin has struggled to regain its losses, with a 48% drop weighing heavily on its performance. 

While the altcoin is still attempting a recovery, a lack of strong support and market optimism is causing delays in any significant rebound. But the meme coin did have a key bullish moment this week.

POPCAT Needs Investors’ Backing

The Chaikin Money Flow (CMF) indicator has remained stuck below the zero line for the past three and a half months. This suggests that inflows into POPCAT have been weak since early December 2024, with little buying interest. The lack of conviction due to fear of losses from investors has contributed to a lack of momentum, keeping the meme coin from experiencing a recovery.

The weak CMF reading signals that investors are not pouring money into POPCAT, which is preventing a meaningful price increase. This has led to the coin’s struggle to maintain any positive price action, further delaying the recovery. 

Technical indicators such as the Relative Strength Index (RSI) also reflect POPCAT’s struggle to find sustained momentum. The RSI has remained below the neutral line of 50.0 for the past three months, indicating weak bullish signals. This reinforces the notion that broader market cues are not supporting a strong recovery for the meme coin.

Without support from the broader market, POPCAT has found it difficult to break out of its current downtrend. Until the market improves, POPCAT is unlikely to break its bearish cycle.

POPCAT Price Is Likely Consolidating

Over the last four days, POPCAT has rallied nearly 20%, currently trading at $0.180. A key catalyst was Robinhood’s POPCAT listing on Thursday, which is expected to drive more investment into the asset and expose it to more investors.

The altcoin has bounced off the support level of $0.140 and is now under the resistance of $0.203. While this recent recovery is encouraging, it will face significant challenges in breaching the $0.203 barrier.

Given the weak market conditions and investor sentiment, POPCAT could struggle to break through the $0.203 resistance. It is more likely that the altcoin will consolidate within the range of $0.140 to $0.203, at least until stronger market cues emerge. This could delay any potential recovery further.

However, if market conditions and investor behavior improve, POPCAT may push past the $0.203 resistance. A successful breach of this level could see the altcoin test $0.238, invalidating the current bearish outlook. This would signal a shift in market sentiment and possibly set the stage for a more sustained recovery.

The post POPCAT Price Struggles to Recover from 48% Drop; Could Robinhood Listing Trigger a Rally? appeared first on BeInCrypto.