Shiba Inu Price Prediction: What If It Hits Half of Ethereum’s Market Cap?

Could Shiba Inu really climb to half of Ethereum's valuation? The meme coin that started as a joke now has traders crunching numbers—and dreaming big.

Let’s break it down. If SHIB captures even 50% of ETH’s market dominance, the price surge would send shockwaves through crypto. No promises, of course—this is the same market where 'fundamentals' sometimes mean a dog meme and a Elon tweet.

For context: Ethereum’s current cap towers over most assets. A 50% parity scenario would require SHIB to swallow unthinkable liquidity. But in crypto, stranger things have happened (usually during a bull run fueled by FOMO and caffeine).

One thing’s certain: Wall Street would finally notice—right before calling it a 'speculative bubble' and launching their own token. Stay sharp, apes.

Shiba Inu correlation with Ethereum Shiba Inu correlation with Ethereum In the last 24 hours, both Ethereum and Shiba Inu have experienced price declines. ETH has dropped by 1.59%, while SHIB has fallen by 2.01%. Shiba Inu’s Price If It Becomes Half the Size of Ethereum Given Shiba Inu’s connection to Ethereum, The Crypto Basic estimated SHIB’s price if it were to grow to half the size of ETH. This scenario assumes that Shiba Inu’s market capitalization reaches 50% of Ethereum’s current value. As of now, Ethereum is trading at $2,561 with a market cap of $309.27 billion. Half of this valuation equates to approximately $154.64 billion. Meanwhile, Shiba Inu has a market capitalization of $6.9 billion and ranks as the 19th-largest cryptocurrency. SHIB is currently trading at $0.00001172, posting negative returns over the past day. Meanwhile, if Shiba Inu’s market cap were to rise to $154.64 billion, it would represent a 2,141% increase from its current valuation. This would also surpass Jake Gagain’s $100 billion projection for Shiba Inu by 54.64%. At a $154.64 billion market cap, SHIB’s price would reach $0.0002624, setting a new all-time high. At that price, 100 million SHIB tokens bought today for $1,172 would be worth $26,240, representing an ROI of approximately $25,000. Potential Timeline for SHIB to Hit $0.00026 Reaching a $154 billion market cap or a unit price of $0.0002624 could be challenging for Shiba Inu due to its massive supply of 589.25 trillion tokens. Many critics argue that burning a significant portion of the supply is necessary for SHIB to reach such high price targets. Nevertheless, some market analysts have disregarded these concerns and continue to forecast SHIB’s climb toward the $0.0002 range. Crypto exchange Changelly predicts SHIB will hit $0.0002624 by April 2032, seven years from now. Meanwhile, the prediction platform Telegaon expects this target to materialize by 2028, two years earlier than Changelly’s estimate. Notably, Telegaon’s forecast aligns with one made by ChatGPT. It also agrees that Shiba Inu could reach the $0.00026 mark by 2028, coinciding with the next Bitcoin halving. Interestingly, a 2024 Forbes article suggested that Shiba Inu would climb to $0.0002624 this year, with a maximum target set at $0.0003. Additionally, analysts have speculated that SHIB could rise to $0.0002649 if it surpasses Tether (USDT) in global crypto rankings. While this analysis presents an optimistic scenario for SHIB, it is intended solely to illustrate the token’s potential if it were to grow to half the size of Ethereum. There is no guarantee that Shiba Inu will achieve this milestone.