What if Shiba Inu Hits Dogecoin’s Market Cap? Here’s Its Potential Price

Shiba Inu (SHIB) price has made notable gains in the last week amid renewed bullish sentiment across the broader market. This has sparked speculation about whether SHIB can overtake Dogecoin’s market cap. In 2021, SHIB briefly overtook Dogecoin’s market cap after Shiba Inu price rallied significantly, and if history rhymes, how high does the meme coin have to rally to achieve this again? Let’s explore. Shiba Inu Price If It Matches Dogecoin’s Market Cap Shiba Inu has overtaken Dogecoin’s market cap in the past, and considering repetitive patterns in the crypto market, it is likely that SHIB can achieve this again and emerge as the largest and top-performing meme coin. However, to do so, SHIB price would have to register massive gains. At press time, Dogecoin’s market cap stood at $33 billion according to data from CoinMarketCap, which is notably higher than Shiba Inu’s $8.8 billion. To surpass DOGE, Shiba… Read More at Coingape.com
The post What if Shiba Inu Hits Dogecoin’s Market Cap? Here’s Its Potential Price appeared first on CoinGape.