Shiba Inu (SHIB) has had ample success in its four-year history. The asset hit an all-time high in October 2021, just over a year after its launch in August 2020. SHIB’s price has risen by many million percent since its debut. It is currently the 14th largest crypto project by market cap, with a more than $10 billion valuation.
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While SHIB has struggled to gain momentum over the last few years, let’s discuss how high the asset’s price will go if the project’s market cap hits $100 billion.
Shiba Inu’s Price If Its Market Cap Hits $100 Billion
SHIB’s market cap will have to grow ten times to hit the $100 billion mark. Right now, there are only three crypto projects with a market cap of more than $100 billion, namely, Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). Bitcoin is the only project with a market cap of over $1 trillion, rivaling many tech companies.
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There are about 589 trillion SHIB tokens in circulation. If the project’s market cap hits $100 billion, the price of each SHIB token will reach about $0.00016, a new all-time high. Hitting $0.00016 from current price levels will entail a rally of about 834%.
When Will The Asset Hit $0.00016?
According to Changelly analysts, Shiba Inu (SHIB) may hit $0.00016 sometime in 2028, about four years from now. The platform anticipates the asset to trade at a potential maximum price of $0.000179982 in 2028.
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Telegaon researchers are slightly more bullish on SHIB, predicting the asset to hit the $0.00016 mark sometime in 2027, about three years from now. The platform predicts SHIB will trade at a potential maximum price of $0.000198 in 2027.
