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If Shiba Inu’s market cap surges to $300 billion, $700 billion, or $1 trillion, SHIB could eliminate up to two zeros after its decimal point.
Shiba Inu (SHIB) has a reputation of delivering massive returns, as seen in the 2020/2021 bull cycle when it surged over 150 million percent in 14 months. Despite its recent underperformance, investors are still confident in SHIB’s prospects for huge rallies.
According to CoinMarketCap data, Shiba Inu is up 5.2% over the past day to $0.00002450. It is ranked as the 15th biggest cryptocurrency globally, with a market cap of $14.45 billion.
Shiba Inu’s Price if Its Market Cap Hits $300B, $700B, or $1T
Even though Shiba Inu is currently trading below its March 2024 peak of $0.000045, investors and analysts are confident about the asset’s potential for massive surge.
These enthusiasts project that Shiba Inu could rally to unprecedented levels, potentially taking its market cap to $300 billion, $700 billion, or $1 trillion.
Amid these projections, we estimated how much one Shiba Inu token will be worth if SHIB valuation soars to these targets.
Shiba Inu Price at $300B Market Cap
Reaching the $300 billion market cap requires a rally of 1,976% from the current valuation of $14.45 billion, surpassing XRP’s valuation of $140.54 billion.
At a $300 billion market cap, the price of one SHIB token will be worth $0.0005. This estimation assumes that Shiba Inu’s circulating supply does not change from the current figure of 589.25 trillion.
It is worth mentioning that several experts have predicted Shiba Inu’s potential surge to the $0.0005 mark. Last month, famous crypto chartist Big Mike forecasted that Shiba Inu could hit the $0.0005 target if it successfully overcomes a complex web of Elliot Wave structures.
Shiba Inu Price at $700B Market Cap
For Shiba Inu to clinch a $700 billion market cap, it must surge 4,744% from the current valuation. Achieving this feat will position Shiba Inu as the second-biggest crypto in the world, as SHIB will potentially usurp Ethereum (ETH) from this spot.
Shiba Inu will trade at $0.0011 per token if this happens, assuming the 589.25 trillion circulating supply remains stable.
The $0.0011 target is not new to Shiba Inu community members, as top experts have provided timelines regarding when SHIB could surge to this level. According to TradingView analyst Krao, Shiba Inu will hit the $0.001 target in the first quarter of this year.
However, Changelly experts believe it could take longer. The platform’s updated report shows that the $0.0011 projection will come to fruition by 2033.
Price of Shiba Inu At a $1T Valuation
Shiba Inu will still rank behind Bitcoin even if it successfully archives a trillion-dollar valuation. However, the impact will be felt on the price, as SHIB’s value would soar massively.
This $1 trillion market cap projection gained momentum last year after Shiba Inu lead Shytoshi Kusama emphasized that he aims to make SHIB the first trillion-dollar decentralized entity globally.
To hit a $1 trillion valuation, Shiba Inu must soar 6,820% from the current level of $14.45 billion. Applying this growth rate to SHIB’s price will see the token trade at approximately $0.0017, assuming the circulating supply is static at 589.25 trillion.
Changelly experts believe SHIB will clinch this target within the first two months of 2040, precisely 15 years from now.
For context, this estimation is speculative; hence, Shiba Inu is not guaranteed to hit a valuation of $300 billion, $700 billion, or $1 trillion, respectively.
Even though Shiba Inu has witnessed greater rallies in the past, reaching these lofty targets requires the alignment of several factors, particularly massive token burns and increased adoption among retail and institutional clients.