Here is How High Shiba Inu Can Rise if SHIB Market Cap Hits $100B, $500B, or $1T

This article estimates how high Shiba Inu‘s price could rise if SHIB’s market cap soars to $100 billion, $500 billion, or $1 trillion.

Following Bitcoins rollercoaster movement earlier this week, Shiba Inu plunged below the $0.00003 mark to a weekly low of $0.00002442. Since falling below this level, SHIB has been making significant moves for a rebound above the $0.00003 territory.

Currently, Shiba Inu is trading at $0.00002878, reflecting a decline of 5.66% in the past seven days. The canine-themed token is also down 67.59% from its all-time high of $0.00008845, recorded on October 28, 2021. Shiba Inu attained this feat after its price spiked by over 150 million percent within 14 months of its launch.

Shiba Inu Price if Its Market Cap Reaches $100B, $500B, or $1T

Even though Shiba Inu has yet to meet investors expectations recently, several market observers believe the asset may revisit its glory days, when it saw hefty price spikes.

Consequently, they project that Shiba Inu‘s market cap could surge to $100 billion, $500 billion, or $1 trillion in the future. Notably, we’ve estimated how much Shiba Inu could be worth if these projections become a reality.

Shiba Inu at $100 Billion Market Cap

The $100 billion market cap projection has recently gained momentum within the Shiba Inu community. Experts like Oscar Ramos and Jake Gagain believe that Shiba Inu has the capability to reach this market cap.

At the moment, Shiba Inu has a market cap of $16.96 billion, making it the 13th-biggest cryptocurrency. Attaining the $100 billion market cap will position Shiba Inu as the seventh-biggest crypto ahead of Dogecoin (DOGE).

To reach the $100 billion market cap, Shiba Inu must soar by 489.62% from its current valuation of $16.96 billion. At a $100 billion valuation, Shiba Inu will trade at $0.000169 per token, assuming its circulating supply remains stable.

Notably, experts at Changelly forecast that Shiba Inu will clinch the $0.000169 target by December 2030. According to Changelly analysts, this would be Shiba Inus average price by December 2030.

Shiba Inu at $500 Billion Market Cap

The $500 billion market cap projection is an ambitious target set for Shiba Inu. It requires a surge of 2,848.11% from the current valuation of $16.96 billion.

If Shiba Inu attains a valuation of $500 billion today, it will flip Ethereum (ETH) and become the second-biggest cryptocurrency by market cap. At a $500 billion market cap, Shiba Inu will be worth $0.00084 per token.

Meanwhile, Changelly experts believe that Shiba Inu will reach the $0.00084 price level between 2034 and 2039.

Shiba Inu at $1 Trillion Market Cap

The $1 trillion market cap requires Shiba Inu to rally more substantially. Despite this, Shiba Inus enigmatic leader, Shytoshi Kusama, believes SHIB can attain the feat in its lifetime. As reported earlier, the Shiba Inu leader said he aims to make SHIB the first trillion-dollar decentralized entity globally.

To reach a $1 trillion market cap, the current valuation must grow by 5,796.23 %. At this market cap, Shiba Inu will be worth $0.001696, assuming its circulating supply remains stable.

Interestingly, Changelly analysts forecast that Shiba Inu will attain this feat by February 2040, less than 16 years from now.

It is imperative to note that this article is for informational purposes and should not be taken as investment advice.