Shiba Inu (SHIB) has witnessed incredible growth over the past four years. The asset has made quite a name for itself, delivering massive returns to early investors. Despite its stellar performance, the asset has struggled to gain momentum over the last few years.
While many believe the SHIB boat has sailed, others think there is still time to make it big with the dog-themed cryptocurrency.
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What Is SHIB’s Price If Its Market Cap Hits $50 Billion?
If Shiba Inu’s (SHIB) market capitalization reached $50 billion and its supply stayed at $589 trillion, each SHIB token would cost $0.00008488.
At $0.00008488, the value would have increased by almost 532.5% from its current position. Should the project’s supply decrease, each token’s price could rise above $0.00008488.
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Although the rise is positive, it is still less than the asset’s October 2021 all-time high price of $0.00008616. To recover its 2021 peak, SHIB’s market capitalization needs to rise to $50,748,240,000 ($50.74 billion).
When will the asset reclaim its all-time high?
According to the analysts at Changelly, Shiba Inu (SHIB) could hit a new all-time high in 2027, about three years from now. The platform anticipates the asset to trade at a maximum price of $0.0001229877 in 2027. Hitting $0.0001229877 from current levels would translate to a rally of about 816.45%.
Source: Changelly
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Telegaon analysts are more bullish on SHIB, predicting the asset to hit a new all-time high in 2026, about two years from now. The platform predicts SHIB will hit a maximum price of $0.0000943 in 2026, which would entail a rise of about 602.6% from current price levels.
Source: Telegaon
