Optimism about Shiba Inu’s potential push into the top five crypto rankings has been reignited as large investors indicate interest in SHIB.
The broader Shiba Inu community eagerly anticipates SHIB’s potential ascent into the top five cryptocurrencies by market capitalization. Momentum behind this goal has surged since November 2024, when lead developer Shytoshi Kusama unveiled plans to propel SHIB into the top five rankings.
Shiba Inu Lead’s Ambitious Aspiration
As previously reported, the Shiba Inu lead referenced an AI-generated painting depicting a man conducting research at a cluttered desk overflowing with books. Commenting, Kusama noted that it reflects how he tries to use a small budget to give SHIB utility and take the token to the top five crypto rankings in less than five years.
It’s been nine months since Kusama shared this aspiration, and SHIB has dropped from the 13th position, where it sat at the time, to the 22nd place.
Nonetheless, some enthusiasts have remained optimistic about SHIB’s potential to break into the crypto top five. This optimism has soared lately as large holders shift huge amounts of tokens from exchanges like Coinbase and Binance.
Last month, two unlabeled blockchain addresses withdrew 5 trillion SHIB and 110.34 billion tokens from Coinbase and Binance, respectively.
For context, cracking the top 5 would place SHIB among the five largest cryptocurrencies in the world. This could see SHIB rank as either the first, second, third, fourth, or fifth-biggest cryptocurrency by market cap.
Growth Required to Position SHIB in the 3rd, 4th, or 5th Crypto Rankings
Despite sitting in the 22nd position, we explored how high the token must rise to ascend to the third, fourth, or fifth place in the global crypto ranking.
Notably, Shiba Inu is still trying to stage a rebound after reacting negatively to Trump’s new tariff plan, which sent it crashing below $0.000012. However, SHIB has rebounded above $0.000012 and currently trades at $0.000012, translating to a market cap of $7.2 billion.
Currently, XRP, USDT, and BNB occupy the third, fourth, and fifth spots with market caps of $178.48 billion, $163.85 billion, and $106.99 billion, respectively. For Shiba Inu to claim the third place and potentially overtake XRP, its market cap would need to surge approximately 2,386% to about $179 billion.
Similarly, elevating SHIB into the fourth slot and usurping USDT would require a 2,177% increase to $164 billion, and cracking the top five by surpassing BNB would demand a 1,400% climb to $108 billion.
If Shiba Inu’s supply remains stable at 589 trillion tokens, achieving valuations of $108 billion, $164 billion, or $179 billion would propel SHIB’s price to $0.000183, $0.000278, or $0.000303, respectively.
ChatGPT Insights on Projections
According to ChatGPT, Shiba Inu’s potential surge to these targets is within the realm of possibility. The AI chatbot speculated that SHIB will attain the $0.000183 target over the next six months or by February 2026, potentially driven by a strong altcoin season.
It speculated that it would take within 1 – 3 years for the asset to reach a price range of $0.000278 – $0.000303. ChatGPT believes that SHIB would require a historic bull run and breakthroughs to achieve these targets.
Despite the bullish projection, caution is still required, given the volatility of the crypto market. Shiba Inu’s potential ascent to the third, fourth, or fifth place in the global crypto ranking could be hindered by the lack of institutional interest in the token.
Shiba Inu has yet to get a single filing for a spot-based ETF, unlike other meme-based tokens, such as Dogecoin and Official Trump. Speculation suggests that the anonymous nature of Shiba Inu’s ecosystem team may be discouraging institutions from engaging with SHIB like other meme-based tokens.
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.
