Here is Shiba Inu Price If SHIB Reaches Tether and Ethereum Market Cap

Shiba Inu could trade at unprecedented levels with three zeros if it reaches the market caps of Tether and Ethereum.

Shiba Inu ranks among the most trending crypto assets in the market, with many crypto enthusiasts closely following its price movements.

However, in recent weeks, especially throughout December, the price of Shiba Inu has been bearish. Currently selling at $0.00002178, Shiba Inu is trading 14.5% lower than its monthly high.

Shiba Inu Price If It Reaches Tether’s Market Cap

Currently, Tether has a valuation of $138.76 billion, commanding over 65% of the global stablecoin market cap. If Shiba Inu were to reach a similar market cap of $139 billion, this would correspond to a price of $0.0002354.

Shiba Inu Price If It Reaches Ethereum Market Cap

Meanwhile, Shiba Inu could see an even loftier price if it climbs to Ethereum’s current market cap. At present, Ethereum holds a market cap of $404 billion and trades at $3,357.

If Shiba Inu were to reach this valuation, its price would rise to $0.0006861. This estimation assumes that Shiba Inu’s supply of 589 trillion tokens remains largely unchanged without significant burns