The price of 1 $SHIB Inu at a market capitalization of $100B.
*While some expect growth to $0.000081 in this cycle, others have made more ambitious predictions. In particular, some analysts, like Jake Gagne, expect Shiba Inu to eventually reach a market capitalization of $100 billion, positioning it as the first meme coin to achieve this goal.
*For context, the historical maximum market capitalization of Shiba Inu is $39 billion, a valuation it reached during the bull market of 2021. At the time of publication, the market capitalization of Shiba Inu is $11.2 billion, making it the 12th largest cryptocurrency and the second largest meme coin.
*Despite forecasts of possible growth in value to $100 billion, many remain unaware of the price implications of this market capitalization. As a result, we utilized the services of a market resource, The Coin Perspective, to find out at what price $SHIB would trade at a valuation of $100 billion.
*Data from the platform confirms that at a market capitalization of $100 billion, the price of Shiba Inu will reach $0.00017. This potential price level would mean a huge increase of 796% from the current price.
*Interestingly, during the initial growth this year, $SHIB provided impressive growth of 379% from February 24 to March 5, jumping from $0.00000952 to $0.00004568. The ability of a meme coin to provide such a surge in less than ten days confirmed its potential.
*As a result, some believe that Shiba Inu can organize more significant growth, especially when the altcoin season arrives. Currently trading at $0.00002297, if Shiba Inu achieves 800% growth from this mark, its price will rise to $0.000507, reaching a market capitalization of $100 billion.
