Several key analysts predict that Shiba Inu can reach a market cap of $100 billion, with expert Jake Gargain promising to delete his X account if that doesn’t happen. In this article, we will look at what this means for Shiba Inu price and compare the potential to that of small cap coins like Cutoshi and Pepe Unchained.
Bullish Shiba Inu Price Forecast
Shiba Inu is, of course, the second largest coin in crypto, with a current valuation of $15 billion by market cap and a price of $0.00002455. This is already an increase of 30% compared to last week, and the analyst Oscar Ramos agrees with Jake Gargain: Shiba Inu will reach a market cap of $100 billion, perhaps before the end of the fourth quarter.
But let’s start a little more conservatively first. If Shiba Inu were to reach the current market cap of top coin Dogecoin ($42.5 billion), that would represent a 2.85x from here, meaning the price would be $0.00007233.
Now let’s imagine Shiba reaching Doge’s mcap as it reached its all-time high of $88.7 billion. This would take SHIB’s price to $0.00015087, destroying another 0 and over 5.83 times from the current price.
And now, let’s see what would happen if the experts’ predictions were correct, making Shiba Inu the fourth largest coin in terms of market capitalization (at today’s prices), after BTC, ETH and SOL.
In this case, the price would be $0.00016962, which is a notable increase. This is a wonderful gain, but it means a LOT of money needs to be invested in Shiba Inu to achieve this.
And that’s why it makes sense to look at small-cap coins that are expected to grow much more than that.
Pepe Unchained is a strong contender for high ROI
Pepe Unchained is another pre-sale project that has received a lot of attention in recent months. It also mixes meme and utility as the team created a layer 2 blockchain for $PEPU that allows easy transfers of assets between the chain and Ethereum, with much lower fees and faster speeds.
Like Cutoshi, the market cap is much smaller, meaning $PEPU needs much less investment than Shiba Inu to achieve massive returns.
As PEPU has been available longer than Cutoshi, its market cap is higher, at $99,920,00, and is poised to rise in the coming hours as the current pre-sale phase is almost sold out. The gains are therefore not as great, but still very impressive if Pepe Unchained can reach the heights of Shiba Inu.
We see significant potential here, far surpassing Shiba Inu’s earnings reaching a $100 billion market cap.
Cutoshi takes the cake for untapped gains
Cutoshi is a new pre-sale meme piece, which reminds us of the Shiba Inu from the early days. Like Shiba, it’s based on a cute meme avatar, and like Shiba, it extends beyond the meme realm and into DeFi. Indeed, Cutoshi is building an ecosystem that includes a decentralized exchange, which will be cross-chain for easy use, and will also offer peer-to-peer options for those who want ultimate privacy.
There’s more to come, too, including a useful NFT collection within the Cutoshi ecosystem, as well as competitive questing and farming.
We know from Shiba Inu that this mix of meme and utility has proven to be very popular. But the question is, what will the price action look like?
Cutoshi is at stage 3 of a 10 stage presale. Although the exact listing price has not been confirmed, we do know that currently Cutoshi’s market capitalization is $11.3 million – that’s a million, not a billion! (token bid of 440 million x price of $0.0259).
This means that if Cutoshi can reach Shiba Inu’s current market cap, each $CUTO coin would be worth $34, which is an impressive gain.
If we become a little more conservative and imagine Cutoshi with PEPE’s market cap, that still represents a price of $11.53, which represents a substantial gain. Much more exciting than a 555% increase in Shiba Inu!
Final Thoughts
So the conclusion is clear: even though Shiba Inu is a solid and established coin to hold, being early offers much greater chances of high gains. The days of Shiba’s huge 46,058,109% gains are now over, granted to those who arrived when SHIB was still new.
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