If Bitcoin reaches an ambitious target of $21 million ($21,000,000), it could spark a massive rally across the broader cryptocurrency market, impacting major assets like Shiba Inu.
Michael Saylor Predicts Bitcoin Surge to $21M By 2046
With Bitcoin’s sway over Shiba Inu, many are asking how SHIB might react if BTC hits a jaw-dropping target of $21 million. Michael Saylor, a popular Bitcoin maximalist and executive chairman of MicroStrategy (now Strategy), forecasted the $21 million price for BTC.
During a keynote address at BTC Prague 2025, he forecasted that Bitcoin will trade at $21 million by 2046, precisely 21 years from now.
He highlighted macroeconomic shifts, accelerating adoption, and institutional involvement as key catalysts that could propel Bitcoin to $21 million.
Shiba Inu’s Price If Bitcoin Hits $21M
Saylor’s $21 million Bitcoin forecast has sparked mixed reactions within the crypto community. In particular, users are debating how Bitcoin’s surge to the $21 million price target might impact the broader crypto market, such as that of Shiba Inu.
As a result, we estimated SHIB’s price under the assumption that it grows proportionally if Bitcoin reaches $21 million.
Bitcoin is currently trading at $113,800. To reach Saylor’s target of $21 million, Bitcoin must spike by 19,306% from its current trading price. Therefore, assuming Shiba Inu grows in proportion to Bitcoin, it could reach a new all-time high target.
To put things into perspective, a 19,306% surge would take Shiba Inu’s price to $0.00225 from the current level of $0.00001261, marking a new all-time high for the canine-themed token. At $0.00225, Shiba Inu’s market cap will also climb to $1.32 trillion from $6.84 billion, assuming SHIB maintains its supply of roughly 589.25 trillion tokens.
Can SHIB Hit $0.002
While this analysis looks fascinating, it remains unclear whether Shiba Inu could reach the milestone. Many market commentators, including Davinci Jeremie, believe that SHIB’s substantial supply of over 589 trillion tokens may hinder the asset’s potential surge to lofty heights.
Consequently, they recommend that the broader Shiba Inu community burn a substantial portion of the SHIB supply to drive the price to unprecedented levels.
Although the need to drastically reduce SHIB’s hefty supply cannot be overemphasized, multiple entities have projected when Shiba Inu’s price might soar to the $0.002 region. According to ChatGPT, Shiba Inu’s price could soar to $0.002 between 2032 and 2034.
However, Changelly trading platform predicted that it might take longer before Shiba Inu finally clinches the $0.002 target. Per Changelly, Shiba Inu would trade within the $0.002 region by February 2040, with SHIB expected to reach a maximum target of $0.00229 by then.
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.
