Shiba Inu could see a massive price growth of 8,558% in the theoretical scenario where its market cap attains the $1 tillion level.
Shiba Inu is currently trading at a two-month high with a price range of $0.0000196. The second most prominent meme coin boasts a market cap of $11.55 billion at this price.
Notably, Shiba Inu attained its best market capitalization about three years ago, on October 28, 2021, when it traded at an all-time high with a cap of over $41 billion.
While SHIB is trading today at about one-fourth of this cap, Shiba Inu’s performance in this ongoing bull run has led enthusiasts to believe that it could reach market caps beyond the unprecedented $100 billion this cycle.
This article explores Shiba Inu’s potential price in the hypothetical scenario where it attains market caps of $100 billion, $500 billion, or even $1 trillion.
Shiba Inu Price with $100B and $500B Market Cap
Notably, Shiba Inu has an enormous circulating supply of approximately 589 trillion tokens. With a hypothetical market cap of $100 billion, Shiba Inu would be worth approximately $0.0001697 per SHIB token.
Numerous crypto analysts have argued that Shiba Inu has the potential to reach the $0.0001697 price. Back in March, analyst Jake Gagain declared that Shiba Inu would crack the $100 billion cap. In a follow-up post, he asserted that Shiba Inu would even precede Dogecoin in attaining the valuation.
Later in June, famous community pundit Zach Humphries also boldly stated that SHIB could achieve the $100 billion cap this season.
For context, this threshold represents a massive growth of 765.81% from Shiba Inu’s current level of $11.55 billion at a $0.0000196 price. This growth would become even more substantial when factoring in SHIB’s price to a market cap of $500 billion.
In particular, a $500 billion market cap for Shiba Inu corresponds to a price of approximately $0.0008485. This price level demands a growth of 4,229% from its current price level of $0.0000196.
Prediction platform Telegaon has disclosed that Shiba Inu could reach a $0.0008 price level by 2035. However, the crypto exchange Changelly argued that the target would be attainable by 2032.
Shiba Inu Price with a $1 Trillion Market Cap
Notably, at the more audacious market cap of $1 trillion, Shiba Inu will be trading with just two zeros at $0.001697. This would amount to an astonishing 8,558% price gain from current gains.
According to Telegaon, Shiba Inu would trade at $0.001697 between 2035 and 2040. Changelly agrees with this timeline, projecting a maximum value of $0.00162 by January 2040.
Notably, these estimations assume a scenario where Shiba Inu’s circulating supply remains stagnant without burns.