Emerging Altcoins Capture Attention as They Show Potential to Outperform Shiba Inu

With new metrics highlighting their upward trajectory, these digital assets are becoming the focus of speculation. The crypto community is abuzz with anticipation.

Shiba Inu (CRYPTO: SHIB), the second-biggest meme coin by market capitalization, is showing signs of upward momentum.

What Happened: Over the past seven days, SHIB's price increased by 4.85%, trading between $0.00001557 and $0.00001908.

The 10-day moving average is priced at $0.000017, which is higher than the 100-day moving average of $0.000013. This indicates a bullish trend in the coin's price movement.

On the upside, SHIB faces resistance at $0.00002096 and $0.00002447. If the coin manages to break through the nearest resistance level, it could climb to the next level.

At the time of writing, SHIB trades around $0.000017, down 92% from its all-time high of $0.00008845, reached in October 2021.

Shiba Inu price aims for a breakout amid prospects of a crypto bull run and altcoin season.

Shiba Inu aims to expand its ecosystem with the upcoming Shibarium Layer-2 blockchain and other projects in the pipeline. The coin has also seen increased attention due to its potential to be listed on major cryptocurrency exchanges, such as Coinbase (NASDAQ:COIN).

While SHIB, MEW, APT, and AXL show less short-term potential, ZircuitDEX emerges as a promising platform. Offering 500X capital efficiency with lightning-fast transactions and zero slippage, it enhances capital management.

The ZDEX Token, in presale at a 70% discount, provides early access to new meme coins and other benefits, presenting a significant opportunity for investors.