币界网报道：Shiba Inu (SHIB) and Dogecoin (DOGE) are exhibiting an unusually high 97% price correlation, according to recent market data. Both meme coins have mirrored each other's movements closely over the past month, with SHIB gaining 15% and DOGE rising 14% in the same period. Analysts attribute this near-perfect synchronization to their shared status as meme-based cryptocurrencies, which often move in tandem with broader market sentiment rather than fundamental developments. The strong correlation also reflects retail investors' tendency to treat both assets similarly during periods of heightened speculation. While DOGE maintains a significantly larger market cap of $11 billion compared to SHIB's $5 billion, their price action continues to demonstrate remarkable alignment, suggesting that both coins remain heavily influenced by the same market forces and investor behaviors.