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There’s a bold prediction making waves in the crypto world: if Dogecoin (DOGE) ever reaches $5, then Shiba Inu (SHIB) could end up deleting a decimal. Sound wild? Maybe. But the idea is grounded in a surprisingly strong connection between these two iconic memecoins — and not just their canine mascots.
A Tight Correlation Opens the Door
According to recent data from IntoTheBlock, SHIB has shown an impressive 95% price correlation with Dogecoin in recent months. Put simply: when DOGE rises, SHIB tends to follow suit. In the whimsical world of memecoins, where vibes often outweigh fundamentals, such synchronized moves aren’t unusual — they’re practically tradition.
At the time of writing, Dogecoin is still dancing around $0.17, but some analysts — including those at Changelly — are forecasting a possible rally to $5 over the next decade. That’s a monstrous 2,800% price increase, pushing Dogecoin’s market cap up to a staggering $743 billion. Ambitious? Absolutely. Impossible? Maybe not.
What Would That Mean for Shiba Inu?
If Shiba Inu were to mirror Dogecoin’s projected growth, its price could soar from the current $0.00001280 to approximately $0.00037. Let’s break that down for SHIB holders: if you’re holding 100 million tokens, your stash could be worth $37,000—up from a measly $1,280 today.
Should this happen, and the circulating supply remains the same, SHIB would boast a market cap of about $218 billion. Not exactly pocket change for a meme-based ecosystem.
Sky-High Predictions — But Not Out of Reach
According to Changelly, SHIB could hit $0.00037 by 2030. Another platform, Telegaon, thinks it could get there a year earlier — by 2029. Meanwhile, crypto analyst Himanshu Maradiya (CIFDAQ) is really feeling bullish: he believes SHIB might climb to $0.0003 as soon as this year, if widespread adoption, major token burns, and ecosystem upgrades kick in fast.
But let’s not get ahead of ourselves. This is still crypto, where optimism is great, but volatility is king. For SHIB to hit these highs, the overall market needs to stay bullish, memecoins need to stay hot, and everything from tech to community support must align like planets during a solar eclipse.
What Would It Take to Actually Get There?
For SHIB to experience such a meteoric rise, several stars would need to align:
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A massive price rally in Dogecoin
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Renewed investor hype
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Tangible advancements in the SHIB ecosystem
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Possibly a lot of token burns, and maybe even a little help from Elon’s tweets
Sure, the odds aren’t huge. But this is crypto — where “unlikely” doesn’t mean “impossible.” In fact, in memecoin land, the unexpected is kind of expected.
Bottom line? If Dogecoin howls its way to $5, don’t be surprised if Shiba Inu decides to chase the moon right behind it.
