Bitcoin (BTC) Price Rally, Shiba Inu (SHIB) Predictions, and More: Recap May 16

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Shiba Inu saw a 9% price increase, with analysts predicting further gains of up to 50% based on technical patterns.

PEPE achieved a new all-time high on May 15, becoming the third-largest meme coin by market cap, with all holders realizing paper profits at one point.annual inflation to 2%. As such, it implemented multiple measures in the past few years, including rate hikes. America’s central bank hinted at a pivot sometime this yearmany industry participants as a bullish factor for Bitcoin and the entire industry.SHIB is yet to witness a bull run.

Dami-Defi was even more bullish, predicting a 50% increase based on “a falling wedge pattern on the 1D time frame.” They also suggested that the entire meme coin sector will continue to flourish in the following months.PEPE’s price slightly retraced in the past several hours, but it remains the third-biggest asset in the meme coin cohort.

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Source: Digital Coin News (digitalcoinnews.net)

 

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