How Much Could Shiba Inu (SHIB) Be Worth if It Grows 3x Faster Than Dogecoin Next Cycle?

Shiba Inu has consistently drawn comparisons to Dogecoin. While Dogecoin pioneered the meme coin landscape with its launch in 2013, Shiba Inu emerged in 2020 and quickly garnered attention as a potential "Dogecoin Killer."

In 2021, SHIB briefly surpassed Dogecoin in market capitalization, though this dominance was short-lived. Currently, Dogecoin remains the leading meme coin with a market value of $35.69 billion, while Shiba Inu (SHIB) holds a valuation of approximately $8.27 billion.

According to TheCryptoBasic, several analysts now suggest that SHIB may have an opportunity to regain the lead. Among these analysts is Kevin Capital, a well-known Dogecoin analyst.

Kevin Capital predicts that Shiba Inu could begin outperforming DOGE in the near future, potentially during the next major bull cycle expected between 2028 and 2029. This sentiment is echoed in a Finder report, which includes forecasts from a panel of crypto experts. Many of these experts anticipate SHIB to experience faster growth than DOGE, possibly as early as 2026.

Shiba Inu vs Dogecoin: Exploring the Potential Impact of SHIB Outpacing DOGE

TheCryptoBasic conducted a price simulation based on a hypothetical scenario: What if Shiba Inu were to grow three times faster than Dogecoin in the next market cycle?

To illustrate this, consider a scenario where Dogecoin's price increases by 1,000%. If SHIB grows three times as fast, its price would increase by 3,000%. TheCryptoBasic modeled three distinct growth scenarios for Dogecoin and then calculated SHIB's potential performance under each scenario, using its current price of $0.00001404.

• Scenario 1: If Dogecoin increases by 1,000% to reach $2.61, Shiba Inu would surge by 3,000%, reaching $0.000435. At this price, SHIB's market capitalization would be approximately $256.32 billion.
• Scenario 2: If Dogecoin increases by 1,500%, reaching $3.80, SHIB would grow by 4,500%, bringing its price to $0.000645. This would result in a market capitalization of $380.06 billion.
• Scenario 3: In the most aggressive scenario, if DOGE experiences a 2,000% increase and reaches $4.98, SHIB would jump by 6,000%, giving it a price of $0.000856. This would place Shiba Inu at a substantial $504.39 billion market capitalization.

While these figures may seem ambitious, they are not entirely implausible, especially given the rapid price movements that meme coins can experience during peak crypto market cycles.

Is It Possible for SHIB to Reach These Price Levels?

SHIB supporters have long envisioned the token reaching new heights. Although reaching $0.01 is mathematically improbable given the current supply, more realistic predictions are gaining traction.

Earlier this year, analyst Crypto ELITES suggested that SHIB could reach $0.0004729 based on technical analysis. TheCryptoBasic also noted that if SHIB's market capitalization matched Elon Musk's net worth at the time, the token could reach as high as $0.000694. These estimates align with the projected range of $0.000435 to $0.000856 if SHIB triples DOGE's growth.

The aforementioned Finder report also projected a potential SHIB price of $0.00085 by 2035. However, if SHIB were to surpass Dogecoin in the next market cycle, it could potentially reach that level even sooner.

SHIB Price vs DOGE Price in the Next Cycle

Despite Dogecoin's current dominance in the meme coin market, the rivalry with Shiba Inu remains ongoing. As TheCryptoBasic highlighted, the key question is whether SHIB can grow three times faster than DOGE during the next bull run. Analysts like Kevin Capital seem to believe it is possible.

If Shiba Inu manages to outperform Dogecoin by this margin, it could drive its price beyond current expectations. With potential targets ranging from $0.000435 to $0.000856 depending on DOGE's performance, SHIB's next chapter could be its most significant yet. Investors and meme coin enthusiasts will be closely monitoring this rivalry in the years to come.