Here is Shiba Inu Price If SHIB Reclaims Top 10 Position in Global Crypto Ranking
April 4, 2025
Shiba Inu could experience a significant price surge if SHIB breaks into the top 10 cryptocurrencies by market capitalization.
The broader crypto market has remained bearish over the past few weeks, making it difficult for top assets like Shiba Inu (SHIB) to experience significant upward movement.
Bearish Price Action in 2025
For context, Shiba Inu’s price action has been bearish for most of the year. Since February 1, it has traded below the $0.00002 price mark. While many analysts predicted an immediate rebound, SHIB slumped further, crashing below $0.000011 on March 11.
It has recovered slightly, currently changing hands at $0.00001238. Shiba Inu ranks as the 17th-biggest cryptocurrency on CoinMarketCap, boasting a market cap of $7.29 billion. Nonetheless, the Shiba Inu community is abuzz with speculation over SHIB’s potential price surge if it ascends to the top 10 cryptocurrencies by market cap.
Shiba Inu Road to Top 10
Breaking into the top 10 ranking is not a new feat for SHIB. The canine-themed token first achieved this feat in 2021 when it recorded its historic surge to an all-time high of $0.00008845.
Shiba Inu reclaimed the milestone last year when its price surged above $0.00004500. However, it has dropped tremendously from this level, falling to position 17 on the global ranking of crypto assets.
For Shiba Inu to reclaim a spot in the top 10 cryptocurrencies by market cap, it must overtake tokens such as SUI, AVAX, XLM, LINK, LEO, TON, and TRON. At the moment, TRON ranks as the 10th-biggest crypto, with its valuation standing at $22.58 billion.
Therefore, breaking into the top 10 requires SHIB’s market cap to grow to at least $22.59 billion, flipping TRON from this position, assuming the latter’s valuation remains at $22.58 billion. Hitting this valuation would demand SHIB’s market cap to increase 209.88% from the current value of $7.29 billion.
SHIB Price If It Re-enters Top 10
Achieving this milestone will translate into a substantial price jump for SHIB. If Shiba Inu breaks into the top 10 with its market cap soaring to $22.59 billion, SHIB’s price would be $0.00003833 per token.
This represents a jump of over 2X from Shiba Inu’s current price of $0.00001238. The last time SHIB traded around $0.000038 was on March 6, 2024, a day after it soared to a multi-year peak of around $0.000045.
Projections to $0.000038
Meanwhile, several projections of SHIB’s spike to $0.000038, including those from prominent analysts like Jonathan Carter and MMBTtrader, have failed to materialize. It has been over a year, and Shiba Inu has not revisited the $0.000038 price territory.
Despite SHIB’s continued downtrend, recent predictions from Changelly show that analysts at the company expect Shiba Inu to hit the $0.000038 target by December 2026, over a year from now.
Meanwhile, Telegaon envisions Shiba Inu surpassing $0.00003833 this year, with the platform setting a maximum target of $0.0000728.
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