Shiba Inu could witness a massive price increase of 8,558% in a theoretical scenario when its market cap hits $1 trillion.

Shiba Inu is currently trading at a two-month high with a price range of $0.0000196. The second-most popular meme coin boasts a market capitalization of $11.55 billion at this price.

Notably, Shiba Inu reached its best market cap about three years ago, on October 28, 2021, when it traded at an all-time high with a market cap of over $41 billion.

While SHIB is currently trading at about a quarter of that capitalization, Shiba Inu's performance during this ongoing bull run has led enthusiasts to believe it could reach a market capitalization in excess of an unprecedented $100 billion this cycle.

This article explores the potential value of the Shiba Inu in a hypothetical scenario where it reaches a market capitalization of $100 billion, $500 billion, or even $1 trillion.

🔸 Shiba Inu Price with Market Cap of $100 Billion and $500 Billion

Notably, Shiba Inu has a huge circulating supply of around 589 trillion tokens. With an assumed market cap of $100 billion, Shiba Inu would be worth around $0.0001697 per SHIB token.

Many cryptocurrency analysts have argued that Shiba Inu has the potential to reach a price of $0.0001697. Back in March, analyst Jake Gagain claimed that Shiba Inu would break the $100 billion market cap mark. In a subsequent post, he asserted that Shiba Inu would even surpass Dogecoin to reach this valuation.

At the end of June, famous community expert Zach Humphries also boldly stated that#SHIBcould reach a capitalization of $100 billion this season.

To put this into perspective, this represents a whopping 765.81% increase from Shiba Inu’s current valuation of $11.55 billion at a price of $0.0000196. This growth becomes even more significant when taking into account SHIB’s price with a market cap of $500 billion.

Specifically, Shiba Inu's $500 billion market capitalization corresponds to a price of approximately $0.0008485. This price requires a 4,229% increase from the current price of $0.0000196.

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