As Dogecoin prepares to breach the $1 price level this year, the possibility of Shiba Inu reaching a similarly coveted point remains a mirage, at least for the next few decades.
Dogecoin and Shiba Inu are the two most important altcoins on the market, with valuations in the billions of dollars. Before reaching their current high positions, both had humble beginnings.
For example, Dogecoin was trading with four leading zeros a decade ago when it hit an all-time low of $0.00008547. However, Dogecoin is trading at $0.3837 today, up 450.694% from this all-time low.
A similar impressive record is observable with Dogecoin’s closest rival, Shiba Inu. According to data from CoinMarketCap, Shiba Inu was trading at an all-time low with ten leading zeros four years ago.
However, Shiba Inu has eliminated six zeros today, trading at $0.00002427. This current valuation represents an astonishing 29,848,442% increase from its all-time low.
As the 2025 bull market gains momentum, Dogecoin and Shiba Inu are bracing for even bigger prices.
Shiba Inu case as Dogecoin nears $1
Dogecoin, in particular, is on the verge of crossing the high threshold of $1. While many believe these prospects are achievable in the coming weeks, strong skepticism surrounds the Shiba Inu’s potential to ever reach the $1 mark.
Notably, Dogecoin must appreciate by 161% to break the $1 barrier. However, in the case of Shiba Inu, the asset must grow by more than 4,120,213%. This extraordinarily high growth requirement significantly extends the time it takes for Shiba Inu to reach $1.
As a reminder, at a price of $1, Dogecoin would have a market cap of $147 billion, which is a realistic prospect in the current crypto landscape.
On the other hand, Shiba Inu has a circulating supply of 589 trillion tokens. In other words, a unit price of $1 for SHIB would bring Shiba Inu’s valuation to $589 trillion.
Notably, this figure far exceeds current global wealth, not just the valuation of Bitcoin and gold. Essentially, given current market dynamics, reaching $1 is far from a realistic expectation for Shiba Inu.
But when can the Shiba Inu reach $1?
Since short-term expectations of Shiba Inu hits $1 If this is wishful thinking due to market capitalization implications, the question arises: when can SHIB realistically achieve this ambitious threshold?
According to analysts at Telegaon, a prediction portal, it would be we will have to wait until 2050 for Shiba Inu to reach $1. This will essentially happen in 25 years.
Notably, these analysts expect Bitcoin to be worth $2.5 million per coin by 2040, and during this time, they predict a Shiba Inu price of $0.054.
Meanwhile, other prediction platforms like CoinCodex and cryptocurrency exchange Changelly do not see Shiba Inu reaching $1 in the foreseeable future.
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