Shiba Inu could trade at unprecedented levels with three zeros if it reaches the market caps of Tether and Ethereum.

Shiba Inu ranks among the most trending crypto assets in the market, with many crypto enthusiasts closely following its price movements.

However, in recent weeks, especially throughout December, the price of Shiba Inu has been bearish. Currently selling at $0.00002178, Shiba Inu is trading 14.5% lower than its monthly high.

Despite this, proponents remain optimistic, believing that 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 regarding how high Shiba Inu could reach next year. Some have suggested a $100 billion market cap for SHIB.

In this article, we explore 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 If It Reaches Tether’s Market Cap

Currently, Tether has a valuation of $138.76 billion, commanding over 65% of the global stablecoin market cap. If Shiba Inu were to reach a similar market cap of $139 billion, this would correspond to a price of $0.0002354.

This means Shiba Inu would be trading with one fewer zero compared to its current price of $0.00002178, assuming it achieves Tether’s market cap. For context, the projected price of $0.0002354 represents a massive 981% gain from its current level.

Many market watchers have speculated that such a price gain could occur next year. Some attribute this possibility to historical patterns, while others reference complex Elliott Wave structures.

Shiba Inu Price If It Reaches Ethereum Market Cap

Meanwhile, Shiba Inu could see an even loftier price if it climbs to Ethereum’s current market cap. At present, Ethereum holds a market cap of $404 billion and trades at $3,357.

If Shiba Inu were to reach this valuation, its price would rise to $0.0006861. This estimation assumes that Shiba Inu’s supply of 589 trillion tokens remains largely unchanged without significant burns.

Notably, for Shiba Inu to reach $0.0006861, it would need to increase by 30X or specifically 3,050%. However, predictions calling for this price level within the current bull market are rare. Many market commentators see this potential price as something that could materialize far in the future.

For instance, analysts at Telegaon suggest that Shiba Inu could reach $0.0006 by 2030. Meanwhile, analysts at Changelly have a more extended timeline, predicting this price level by 2033.