Popular cryptocurrency exchange CoinW has made a bold prediction for Shiba Inu, hinting that the meme coin could surge by more than 7,627,665%.
In a recent post on X, CoinW sparked discussion within the crypto community by asking members to express their views on which of a series of bold predictions about the highest ranking coin could come first in the crypto market.
Shiba Inu Up To $1
Specifically, the exchange polled the crypto community to determine what would happen first: Bitcoin hitting its widely anticipated $100,000 target, Ethereum hitting $10,000, or the Shiba Inu hitting $1.
The poll also included other popular cryptocurrencies such as BNB, Solana (SOL), XRP, Cardano (ADA), Dogecoin (DOGE), and Avalanche (AVAX). CoinW asked the community to weigh in on which of the following events would happen first.
Shiba Inu hits $1 or BNB hits $1,000
Cardano (ADA) Hits $5
XRP Hits $1
Solana (SOL) Hits $250
Avalanche (AVAX) Hits $100
Dogecoin (DOGE) Hits $1
Of these bold predictions for prominent crypto assets, the figure proposed for the Shiba Inu is the most ambitious. At press time, the Shiba Inu was trading with four zeros at $0.00001311. Essentially,
Interestingly, the exchange even asked whether this milestone could happen before Bitcoin hits $100,000 or Ethereum hits $10,000.
To put that into perspective, Bitcoin reaching its $100,000 target would require the leading cryptocurrency to surge 71% from its current value of $58,546. Ethereum’s $10,000 target, on the other hand, would require a 281% increase from $2,626.
Meanwhile, in the case of Shiba Inu, the meme coin would have to expand 76,276 times, or 7,627,665%, to reach its target of $1. In this hypothetical scenario, even a $100 investment in SHIB would be worth a staggering $7,627,665.
Can Shiba Inu Skyrocket 7,627,665% To $1?
Unlike him, many people have shared stories of lost fortunes when they sold SHIB much earlier before it peaked.