LIVEWhat will be Shiba Inu's Potential Price at $100B Market Cap?
Shiba Inu's price could reach $0.000169 if its market cap hits $100 billion based on its current circulating supply.
The cryptocurrency market has seen significant growth this year, with Shiba Inu contributing to the surge. Last month, the global crypto market cap reached $2.76 trillion, with Shiba Inu reaching a market cap high of $21.16 billion on March 5, briefly entering the top 10 cryptocurrencies.
Currently, Shiba Inu's market cap sits at $13.85 billion, translating to a price of $0.0000235. To reclaim a top 10 position, Shiba Inu would need to rally to a market cap of $100 billion, requiring a price of $0.0001696, potentially securing the fourth position among top crypto assets.
Analysts anticipate Shiba Inu to perform well despite downward pressure, with projections suggesting a price increase to $0.000125 and $0.0001, further boosting its market capitalization. Achieving these targets could solidify Shiba Inu's position among the top 10 cryptocurrencies, although it remains speculative for now
