Shiba Inu can eliminate zero from its price if Shib is equal to the market capitalization of XRP, BNB or Solana in the future.
Shiba Inu (SHIB) remained in lowering territory this year despite its remarkable performance at the end of 2024, in particular between November and December. Remember that Shiba Inu has experienced current growth during this period, its market capitalization amounting to 87% of $ 10.54 billion to $ 19.7 billion.
However, Shiba Inu lost most of her earnings following a strong correction on the wider cryptography market. Currently, Shib is the 16th largest cryptocurrency worldwide, with a market capitalization of $ 9.56 billion.
This represents a reduction of 51.47% compared to the cutting edge assessment of Shiba Inu in December 2024. In addition, the price of Shiba Inu plunged from 23.2% for the start of the year (YTD) to $ 0.0000,1623.
Despite this correction, several investors are still optimistic about the long -term Shibst potential. Consequently, some wonder how the price of shib could be worth whether this is equivalent to the evaluation of the cryptocurrencies established as XRP, BNB and Solana.
The future price of Shiba Inu if it corresponds to the XRP market capitalization
Currently, XRP is the third largest cryptocurrency by market capitalization. It has an assessment of $ 159.07 billion, putting its price at $ 2.75 per room.
For Shiba Inu in match XRP’s market capitalization, its valuation must rise by 1,564% compared to the current figure of $ 9.56 billion. If this happens and Shiba Inu won a market capitalization of $ 159.07 billion, this would bring the price of SHIB to $ 0,000,2699.
For more clarity, this analysis assumes that the food in circulation of Shiba Inu remains relatively stable at 589.25 Billions of tokens. Essentially, the price of Shiba Inu could rise to $ 0,000,2699 per token if it corresponds to the current XRP market capitalization of $ 159.07 billion.
Potential price of the shib if it is equivalent to BNB market capitalization
BNB ranks like the fifth largest cryptocurrency in the world, with a market capitalization of $ 95.25 billion and a unit price of $ 667.
Given the current Shiba Inu assessment of $ 9.56 billion, the canine’s theme must stage a rally of 896% to reach the BNB market capitalization of $ 95.25 billion. The application of this growth rate at the current price of Shiba Inu will see the SHIB trade at $ 0,000161 per room, assuming that the supply of circulation of the asset remains unchanged.
Consequently, if Shiba Inu is potentially equivalent to the current BNB assessment of $ 95.25 billion, its price will reach $ 0,000,161 per room.
Sanc Price
At the time of writing the editorial time, Solana sits directly behind BNB, making it the sixth largest cryptocurrency in Coinmarketcap. It has an evaluation of the market of $ 94.39 billion, with a soil unit currently negotiating at $ 193.27 per room.
Given the current Shiba Inu assessment of $ 9.56 billion, it must come together by 887% to equal the evaluation of $ 94.39 billion in Solana. If Shiba Inu finally takes this step, its price could reach $ 0,00016 per token, as long as the Shib traffic offer remains stable at the current level of 589.25 Billions.
Can Shiba Inu reach this feat?
The pairing of the market capitalization of XRP, BNB or Solana could be difficult for Shiba Inu, given the heavy offer of the cryptocurrency of more than 589 billions of tokens. Therefore, it is imperative for Shiba Inu to undergo a massive burn to considerably reduce this diet and potentially increase its value.
Other factors, such as the widespread retail and the institutional adoption of SHIB and favorable market conditions, could also play an important role in the aid to Shibiba Inu to reach this step.
Nevertheless, there is no guarantee that Shiba Inu could match the XRP, BNB or Solana market capitalization in the future. Therefore, this article should not be invoked for financial advice.
Difles: This content is informative and should not be considered financial advice. The opinions expressed in this article may include the author’s personal opinions and do not reflect the basic opinion of cryptography. Readers are encouraged to do in -depth research before making investment decisions. The Crypto Basic is not responsible for financial losses.