Hi Guys,
It's Big & BIG #Update About $HMSTR & $SHIB Market Cap !!!
Here is Shiba Inu Price If It Captures Half of Bitcoin Market Cap
This article analyzes how Shiba Inu (SHIB) could hit a new all-time high if it captures at least half of Bitcoinâs (BTC) market cap. Â
Shiba Inu was not left out in the recent relief rally witnessed across the broader crypto market. The token recorded an impressive surge of 11.46% in 24 hours, rising from $0.000013 to $0.00001449 between September 18 and 19.Â
SHIB Current PerformanceÂ
Although Shiba Inuâs price experienced a slight retracement after its latest gain, the token still trades above the $0.000014 mark. Currently, SHIB is priced at $0.00001429, representing a weekly increase of 7.63%.Â
Despite Shiba Inuâs incredible performance over the past week, the dog-themed token is down 68.24% from its yearly peak of $0.000045.Â
This decline has not stopped Shiba Inu enthusiasts from believing in SHIBâs prospects. Meanwhile, several market observers have kept investorsâ hope alive by issuing favorable predictions for the token.Â
Shiba Inuâs Price If SHIB Captures 50% of Bitcoinâs Market Cap
Some experts forecast that Shiba Inu could surge to greater heights in the future, potentially capturing half of Bitcoinâs market cap.
With Shiba Inu currently trading at $0.00001429, the token has a market cap of $8.52 billion, making SHIB the 13th biggest cryptocurrency. Â
On the other hand, Bitcoin sits as the worldâs biggest crypto, with a market cap of $1.24 trillion. Notably, half of Bitcoinâs market cap is $620 billion, which is still 72.7 times higher than Shiba Inuâs valuation.
This $620 billion could become Shiba Inuâs valuation if SHIB eventually captures half or 50% of Bitcoinâs market cap.