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Here’s How High Shiba Inu Can Realistically Go Despite Its 589 Trillion Supply
April 16, 2025
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Despite its current massive circulating supply, Shiba Inu still has the potential to surpass its previous all-time high under the right market conditions. However, such an upsurge will likely not materialize soon due to the current market situation. For context, the broader market is facing intense bearish pressure due to macroeconomic factors like the ongoing tariff war. Consequently, the global crypto market cap is down 18.51% year-to-date to $2.6 trillion.
Amid this market-wide drawdown, Shiba Inu has observed massive declines, down nearly 45% since the start of this year, 2025. However, with SHIB currently trading around the lower ends of the $0.00001 mark, specifically at $0.0000116, analysts are confident the asset can reach new heights upon recovery.
SHIB Witnessing Multiple Price Predictions
It bears mentioning that Shiba Inu’s all-time high price stands at $0.00008, attained during the 2021 bull run. Most investors believe SHIB could surpass this all-time high in the ongoing bull run. However, amid multiple projections, it has become increasingly difficult to fish out what is achievable and what is unfeasible.
For instance, last July, Forbes reported on a Shiba Inu price prediction targeting $0.0003 for the meme coin. Also, in April 2024, market commentator Armando Pantoja suggested that SHIB could hit $0.001 after the latest Bitcoin halving. However, critics believe some of these targets are not within reach. One of the major factors that contribute to Shiba Inu’s inability to claim some of these targets is its large circulating supply, which currently sits at 589 trillion tokens. Nonetheless, despite this large supply, SHIB can still realistically reach new heights in this bull run.
Realistic Shiba Inu Price Targets
Shiba Inu’s potential to claim any lofty target would depend on its market cap prospects. For context, the meme coin’s largest-ever valuation was around $44 billion when it attained $0.000088 in October. This indicates the asset has the potential to reclaim $44 billion in this cycle, essentially recovering the $0.000088 price.
Meanwhile, it bears mentioning that as the broader crypto market expands due to the influx of new capital, the effect extends to various assets. As a result, SHIB can potentially surpass the $44 billion market cap this cycle, possibly even hitting the $100 billion valuation mark.
Last November, pundit Oscar Ramos argued that Shiba Inu could hit this market cap. Now, with the current circulating supply of 589 trillion tokens, a $100 billion market cap would translate to a price of $0.000169 for SHIB. This indicates that the $0.00017 price is a realistic target for the asset in this bull run.
Interestingly, Oscar Ramos, who believes a $100 billion market cap is realistic for Shiba Inu, previously predicted a rally to $0.00017 this year. This would mark a 1,365% increase from current levels. Also, in September 2024, Dexter, a well-known trader, tipped SHIB to claim $0.00015. This also represents a realistic target, being lower than $0.00017.
Meanwhile, Shiba Inu’s potential to reach $0.00017 indicates that slightly higher targets like $0.0002 could materialize if demand remains high. Last November, analyst Charting Guy projected a run to $0.0002, just 17% higher than $0.00017.
Unrealistic Shiba Inu Price Targets
However, much higher targets beyond this level might not be feasible for the meme coin. For instance, in May 2024, market watcher Big Mike suggested SHIB could hit $0.0005. This target, translating to a $295 billion market cap, is largely unfeasible in the current market cycle. Nonetheless, it could be within reach in years to come.
Also, community figure SHIB Bezos presented five targets for Shiba Inu for this bull market, especially with Bitcoin reaching $280,000. These targets ranged from $0.0008 to $8, all of which might be too ambitious to materialize in this bull run due to current market realities and Shiba Inu’s circulating supply.
In addition, more ambitious targets like the projections for $0.001 and $0.01 are also out of reach for this cycle and possibly the next cycle. Nonetheless, Shiba Inu could have a chance at claiming these should a drastic reduction in its supply emerge.
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