Should the valuation of Shiba Inu climb to the level of Solana, BNB, and Tether, it could mark a new historic moment for SHIB price.
The Crypto Basic explores the potential price of Shiba Inu if its market cap were to match those of some of the most prominent crypto assets, specifically Solana, BNB, and Tether.
Shiba Inu Price if it Reaches Solana and BNB’s Market Cap
Solana is currently the sixth-largest crypto asset, with a market cap of $89.5 billion. Just ahead is BNB, with a valuation of $91.67 billion. In contrast, Shiba Inu ranks at 15th, with a market cap of $9.344 billion.
Shiba Inu has a circulating supply of 589.24 trillion tokens. Assuming this supply remains steady and the asset climbs to match Solana’s market cap of $89.52 billion, the price of SHIB would be approximately $0.0001519.
This would mark a historic milestone for the meme-inspired token, setting a new all-time high and eliminating another zero from its price. To achieve Solana’s market cap, Shiba Inu would need to grow by 849%.
Meanwhile, if Shiba Inu were to reach BNB’s market cap, its price would experience a slight additional increase compared to SHIB’s price reaching that of Solana’s market cap. Specifically, based on the current circulating supply, achieving BNB’s $91.67 billion valuation would equate to a SHIB price of $0.0001556.
Notably, according to an analysis by Telegaon, Shiba Inu could reach these valuation levels by 2027. The analysis projects an average trading price of $0.000153 and a maximum of $0.000198 by 2027.
Shiba Inu Price if it Reaches Tether’s Valuation
Shiba Inu could achieve even more historic price levels if it climbs further to match Tether’s current market cap. As of now, Tether is valued at $150 billion, making it the third-largest cryptocurrency after Bitcoin and Ethereum.
Assuming no change in supply, Shiba Inu’s price would rise to approximately $0.0002546. To reach Tether’s market cap, SHIB would need to surge by 1,491%.
According to Telegaon, Shiba Inu could break the $0.0002 level in early 2028 and trade at an average price of $0.000289 for that year.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
