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TimesTabloid 2025-02-22 20:19:05

Here’s Shiba Inu (SHIB) Price If It Matches XRP, BNB, or Solana’s Market Cap

Here’s Shiba Inu (SHIB) Price If It Matches XRP, BNB, or Solana’s Market Cap

Shiba Inu has remained a widely followed cryptocurrency despite recent price struggles. While some investors focus on its past rallies and corrections, others have expressed confidence in its potential, and expect a bull run soon . One major point of discussion is how the token’s price would change if it could match the market cap of top cryptocurrencies like XRP, BNB, or Solana. SHIB’s current market capitalization is $9.16 billion, ranking it as the 17th-largest cryptocurrency. This is a sharp decline from its peak of almost $20 billion in December 2024. Its price has also dropped to $0.00001556, marking a significant decrease this year. Given these figures, estimating the asset’s value at a higher market capitalization can provide insight into its potential price trajectory. SHIB’s Potential Price If It Matches XRP’s Market Cap XRP is currently the third-largest cryptocurrency with a market capitalization of $149.93 billion. If SHIB were to reach this level, it would require a substantial 1,536.79% increase in valuation. With its current circulating supply at 589.25 trillion tokens, this would place its price at approximately $0.000255, much higher than its all-time high of $0.00008845. Shiba Inu’s Price at BNB’s Market Capitalization BNB currently holds a market cap of $94.08 billion and is the fifth-largest digital asset in the market. If SHIB were to grow to this level, its value would increase by 927%. Based on its existing supply, this would push the digital asset’s price to around $0.00016. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 SHIB’s Price If It Matched Solana’s Market Cap Solana ranks just below BNB, with a market capitalization of $84.72 billion. If SHIB expanded to this valuation, it would need to rise by 824.9%. Reaching this market cap would put the digital asset’s price at $0.000144. Is This Growth Realistic? Reaching these market capitalizations would be challenging due to SHIB’s enormous circulating supply. Without significant token burns, maintaining a high price would be difficult. However, the developers and community are fully aware of this, and the ecosystem has been aggressively burning tokens for years. 44.6 billion tokens were burned in 2024 , and if the community can keep up the burn rate, it could exceed this value in 2025. While some still doubt SHIB’s potential, whales are already accumulating tokens , as they can see something good coming in the immediate future. If the digital asset can build enough momentum, it could regain its spot in the top ten cryptocurrencies and potentially flip Dogecoin in this cycle. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Here’s Shiba Inu (SHIB) Price If It Matches XRP, BNB, or Solana’s Market Cap appeared first on Times Tabloid .

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