Shiba Inu’s price could soar to an unprecedented level if SHIB ever matches the peak market cap of XRP.
Shiba Inu (SHIB) has been mirroring the performance of major assets, such as XRP (XRP), with both tokens moving in the same direction over the past week.
To put things into perspective, XRP crashed below the $2 mark to around $1.9 on June 22 due to the escalation of the Iran-Israel war. However, XRP has staged a remarkable rally ever since, with its price climbing above $2. Currently, XRP is changing hands at $2.19, marking a 15.2% surge from its June 22 low.
Like XRP, Shiba Inu’s price also plummeted to $0.00001010 on June 22 and has since recovered to $0.00001140, where it currently trades. At the current price, Shiba Inu has witnessed a growth of 12.87% from its June 22 low of $0.00001010.
XRP Peak Market Cap
Amid this correlation, we estimated the potential price of SHIB if its market cap clinches XRP’s all-time high valuation. For context, although XRP hasn’t yet topped its January 2018 peak price of $3.84, it did surpass its previous all-time high market capitalization earlier this year.
In January 2018, XRP rose to a peak ATH of $128 billion, with a token worth $3.84 then. However, XRP’s market cap rose to an ATH of $190 billion in January 2025 despite rising to around $3.34, less than its 2018 peak price.
This surge stems from XRP’s circulating supply, which now exceeds its 2018 levels, thanks to Ripple’s escrow release.
Shiba Inu Price If It Equals XRP ATH Market Cap
Notably, we estimated what would happen to Shiba Inu’s price if it matched XRP’s peak market cap of $190 billion. At a current price of $0.00001140, Shiba Inu’s market cap stands at $6.71 billion.
For Shiba Inu to match XRP’s ATH market cap of $190 billion, its valuation must spike by 2,731% from the current level of $6.71 billion. At a market cap of $190 billion, one SHIB token will be worth $0.0003224.
Therefore, if Shiba Inu matches XRP’s peak market cap, it will have a unit price of $0.0003224, marking a new ATH price for SHIB. This analysis assumes that Shiba Inu’s supply of 589.25 trillion tokens remains constant at the estimated valuation of $190 billion.
Experts Forecast $0.0003 Price for SHIB
The projected price of $0.0003 is not a new target for Shiba Inu. Multiple market commentators have set the target for SHIB, with some expecting the prediction to play out as early as this year.
In an interview with Forbes, Himanshu Maradiya of CIFDAQ Blockchain Ecosystem speculated that Shiba Inu’s price will range between $0.0001 and $0.0003 by the end of the year, potentially driven by favorable market conditions.
However, blockchain experts interviewed by Finder project that SHIB may not reach $0.0003 until sometime between 2030 and 2035. During this period, they expect SHIB to surpass the $0.0003 mark and surge to a new all-time high of $0.0008543.
Meanwhile, AI chatbot models, such as Google Bard (now Gemini) and ChatGPT, forecast that Shiba Inu will trade around the $0.0003 price region between 2025 and 2026.
Notably, this analysis is for educational purposes, showcasing how SHIB’s price could spike if it ever matches the peak market cap of XRP. As such, it should not be referenced as financial advice.
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.