Shiba Inu could trade at unprecedented levels with three zeros if it reaches the market caps of Tether and Ethereum.
Shiba Inu is one of the hottest crypto assets on the market and many crypto enthusiasts follow the price movements closely.
However, in recent weeks, especially in December, the Shiba Inu price has been declining. Shiba Inu is currently trading at $0.00002178, down 14.5% from its monthly high.
Still, proponents remain optimistic and believe 2025 will be a more promising year for crypto assets, with top tokens like Shiba Inu benefiting from a buoyant market.
Numerous predictions have been made about what the Shiba Inu might be next year. Some have suggested a $100 billion market cap for SHIB.
In this article, we examine the potential price of Shiba Inu in a hypothetical scenario where it reaches the current market valuations of Tether, the largest stablecoin, and Ethereum, the leading altcoin.
Shiba Inu price when it reaches Tether market cap
Currently, Tether is valued at $138.76 billion and accounts for over 65% of the global stablecoin market cap. If Shiba Inu reached a similar market cap of $139 billion, this would equate to a price of $0.0002354.
This means that Shiba Inu would trade at one zero less compared to its current price of $0.00002178, assuming it reaches Tether’s market cap. For comparison, the forecast price of $0.0002354 represents a massive 981% increase from current levels.
Many market observers have speculated that such a price increase could occur next year. Some attribute this possibility to historical patterns, while others point to…
