Like Solana, Ethereum, and Bitcoin, here is the price of Shiba Inu if the market cap reaches $79 billion, $295 billion, and $1.32 billion.

This article explores the potential price appreciation if Shiba Inu's market cap reaches that of Solana, Ethereum, or Bitcoin, highlighting its ambitious goals with fewer zeros.

On Friday, Shiba Inu was once again under bearish pressure, with its price plummeting to just above $0.00001,600. This unexpected decline came as Bitcoin retested the $65,000 level for the second time this week.

Despite this, we remain optimistic regarding Shiba Inu's potential targets this season. Analysts have signaled an ambitious market valuation for SHIB, including a $100 billion target proposed by widely followed analysts Jake Gagain and Zach Humphries. Remarkably, this bold market cap will exceed the market cap of prominent crypto assets such as Solana, XRP, and Cardano.

This article explores the potential market value of Shiba Inu in a hypothetical scenario where Shiba Inu reaches the current market capitalization of market leaders Bitcoin, Ethereum, and Solana.

Shiba Inu price at Solana's $79 billion cap

Currently, Solana is trading at $169 and has a market capitalization of $79 billion. Meanwhile, Shiba Inu's market capitalization is about eight times lower at $9.9 billion. With this cap, SHIB will trade at $0.00001687.

If Shiba Inu's market capitalization were to reach $79 billion, the zero would disappear from its price. Specifically, the Shiba Inu registers an increase of 700% to approximately $0.0001,344.

Shiba Inu Price Due to Ethereum’s $296 Billion Cap

Given Ethereum’s current market cap of $296.6 billion, Shiba Inu’s valuation could be even higher. To achieve this valuation, Shiba Inu prices would need to rise by approximately 3,000%.

There are three leading zeros left, and the market price at that point is approximately $0.0005.

It is worth noting that this analysis assumes that the circulating supply of Shiba Inu dogs (589 trillion) remains unchanged.

Shiba Inu price based on Bitcoin's $1.32 trillion cap

Bitcoin remains a cryptocurrency with a valuation in the trillions of dollars. In a hypothetical future where Shiba Inu sets a cap of $1.32 trillion, like Bitcoin today, memecoins would trade for far fewer zeros than they do now.

Specifically, the Shiba Inu would be trading at $0.00224. Achieving this level would require a staggering 13,278% price increase.

It is worth mentioning that the Shiba Inu experienced over 20 times this required growth rate in its last cycle. The market valuation at launch was just a few hundred dollars, but as more people joined the SHIB market, the valuation rose astronomically.

But Shiba Inu's market capitalization is now in the billions of dollars, making it unlikely to see the explosive growth it once did.

For example, the Shiba Inu took less than a year to erase five zeros, but prediction platform Telegaon claims that it will struggle to erase two more zeros over the next 11 years.