In the dynamic world of cryptocurrency, the rivalry between meme coin giants Shiba Inu (SHIB) and Dogecoin (DOGE) continues to captivate investors. As market cycles evolve, experts are increasingly scrutinizing whether SHIB, a relatively newer entrant, is poised to significantly outperform its predecessor. This analysis delves into projections for Shiba Inu’s price, exploring a compelling scenario where its growth triples that of Dogecoin in the upcoming market upswing.
Launched in 2013, Dogecoin established itself as the original meme coin, garnering substantial attention, notably from figures like Elon Musk. However, its dominance has faced a formidable challenge from Shiba Inu, which debuted in August 2020. Despite DOGE’s longer tenure and established community, a growing sentiment among enthusiasts and a segment of industry experts suggests SHIB could soon eclipse Dogecoin, potentially as early as the next market cycle, projected around 2028 or 2029.
Notable voices, including Dogecoin lead analyst Kevin Capital, have hinted at Shiba Inu’s readiness to outperform. This outlook is echoed in a Finder’s report, where a contingent of financial experts anticipates SHIB surpassing DOGE as early as 2026. This burgeoning optimism sets the stage for a deeper look into SHIB’s potential trajectory.
Modelling SHIB’s Growth: A Triple-Digit Hypothesis
Our analysis projects Shiba Inu’s price assuming a scenario where SHIB’s gains are three times greater than Dogecoin’s in the next market cycle. This means if Dogecoin experiences a 100% price increase, Shiba Inu would see a 300% surge.
To illustrate this, we’ve modelled Dogecoin’s potential increases from its current price of $0,2375, considering rallies of 1.000%, 1.500%, and 2.000%. Based on these assumptions, the corresponding surges for Shiba Inu would be 3.000%, 4.500%, and 6.000%, respectively.
Let’s examine the potential price points:
| Dogecoin (DOGE) | DOGE Projected Price | Shiba Inu (SHIB) | SHIB Projected Price | Projected Market Cap (SHIB) |
| Current Price | $0,2375 | Current Price | $0,00001404 | – |
| +1.000% | $2,61 | +3.000% | $0,000435 | $256.320.000.000 |
| +1.500% | $3,80 | +4.500% | $0,000645 | $380.060.000.000 |
| +2.000% | $4,98 | +6.000% | $0,000856 | $504.390.000.000 |
(Note: Market cap projections are based on current circulating supply and are estimates.)
These projections suggest that a 1.000% rally for Dogecoin could push SHIB to $0,000435. Should Dogecoin climb by 1.500%, Shiba Inu’s price could reach $0,000645. Furthermore, a robust 2.000% surge for DOGE might propel SHIB to $0,000856, assuming its growth rate remains three times faster.
These estimated Shiba Inu price targets — $0,000435, $0,000645, and $0,000856 — translate into substantial potential market capitalizations of $256,32 billion, $380,06 billion, and $504,39 billion, respectively.
Echoes of Past Forecasts
Intriguingly, these projected price territories for Shiba Inu resonate with forecasts from other market experts. Earlier this year, Bitcoin enthusiast Crypto ELITES highlighted Shiba Inu’s promising technical indicators, suggesting a potential surge to an ultimate target of $0,0004729. Separately, a projection from January indicated SHIB could exceed $0,000645 to reach $0,000694 if its market capitalization were to align with Elon Musk’s net worth at the time ($409 billion). Furthermore, a team of 26 industry experts, participating in a Finder survey, predicted the $0,00085 mark could materialize by 2035.
Exercise Caution Amid Optimism
Despite the compelling projections and optimistic outlooks, investors are advised to exercise caution. There is no guarantee that SHIB will reach these targets in the short term. Key catalysts that could drive broader adoption and a significant rally for Shiba Inu are still largely absent. For instance, the absence of a Shiba Inu spot ETF filing by asset managers means a crucial avenue for attracting large institutional inflows remains untapped. Additionally, the Shiba Inu development team’s commitment to anonymity, while part of its ethos, could potentially hinder investor confidence and impede substantial price upticks.
As with all cryptocurrency investments, thorough personal research and a clear understanding of the inherent market volatility are paramount before making any investment decisions.
Disclaimer: This article is for informational purposes only and should not be taken as financial advice. Always conduct thorough research before making investment decisions.
