SHIB’s Journey to Equal Cardano’s Market Cap Faces Hurdles

A deep dive into the possibility of Shiba Inu [SHIB] surpassing Cardano in market capitalization, amidst current market trends and SHIB’s price decline.

SHIB to Surpass Cardano? Price Target Analysis

The Shiba Inu cryptocurrency’s possibility of surpassing Cardano is explored. SHIB is currently trading at about $0.00001218, down 12.6% month-to-date and 7.49% over the past week. The token has fallen 63.41% from its December peak. This analysis looks into the price SHIB would need to reach to equal Cardano’s market cap and discusses the achievability of such a milestone in the current market environment.

Shiba Inu [SHIB] Faces Strong Downward Pressure After Dropping 12% in a Month

Shiba Inu [SHIB] has declined by 12.34% in thirty days, hitting a 2-week low of $0.000012. The memecoin has seen a sustained decline over the past four days, dropping from a high of $0.0000156. As of this writing, SHIB was trading at $0.00001217, marking a 4.02% decline on daily charts. The weekly and monthly charts also show declines of 7.4% and 12.34%, respectively. Despite the downward pressure, Shiba Inu investors are aggressively buying the memecoin, signaling a potential recovery.

Shiba Inu Prediction: AI Sets SHIB Price For April 5, 2025 & Starts April With A Bang

The Shiba Inu (SHIB) market managed to get through a challenging month of March, recording a 7% downfall. However, over the past 24 hours, SHIB surged by nearly 4%, trading at $0.00001271 at the time of writing. The community is hoping that SHIB continues this positive trend and records a new yearly peak.

1 Billion and Counting: Shiba Inu’s Shibarium Reaches a Major Milestone

Shibarium, Shiba Inu’s layer-2 scaling solution, has surpassed one billion total transactions. This milestone coincides with SHIB’s resurgence, with its price spiking by more than 5% daily. While Shibarium stalled at the beginning of March, it has seen a significant revival lately, processing millions of daily transactions. Prominent Shiba Inu team members, including Shibarium’s marketing strategist LUCIE, noted the achievement and expressed gratitude to the community.