Two Top Bitcoin Analysts See Shiba Inu At $0.05

- Jason Williams believes that Shiba Inu could reach $0.05 if Bitcoin hits a price of $250,000.

- Yazan XBT argues that the $0.05 target for SHIB is attainable if Bitcoin surges to an astonishing $777,000 this season.

At the time of reporting, Shiba Inu is trading around $0.00001391, with four leading zeros. To reach the $0.05 milestone, Shiba Inu’s price would need to increase by 3,593 times or rally by 359,353% by 2025.

History Suggests $0.05 Surge Possible for SHIB

While such a massive rally might seem improbable, history suggests that it could happen. After the 2020 Bitcoin halving, Shiba Inu’s price skyrocketed by 884,400% in under a year. This past performance gives some analysts hope that SHIB could repeat its success.

However, the prevailing outlook among market watchers is more conservative. Most predict that Shiba Inu might eliminate one zero, trading around $0.0001 or slightly higher. Only a few, like Yazan and Williams, have suggested a much higher target of $0.05.

Shiba Inu Surpassing Bitcoin?

A crucial factor that Yazan and Williams may have overlooked is the potential market capitalization of Shiba Inu at a price of $0.05. If SHIB’s supply remains unchanged, its market cap would balloon to over $29 trillion. In comparison, if Bitcoin were to reach $250,000, its market cap would be approximately $5.25 trillion, and even at $777,000, Bitcoin’s market cap would be around $16 trillion. This suggests that SHIB’s market cap could surpass Bitcoin’s under these projections, a scenario that raises questions about the analysts' predictions.