If Shiba Inu grows to half the size of Ethereum, its price could reach a new all-time high, offering significant returns for early investors due to its close ties with the Ethereum blockchain.
Shiba Inu has maintained a 78% correlation with Ethereum over the past 30 days, showcasing its relationship with the leading cryptocurrency.
A potential scenario estimates that if Shiba Inu's market cap reaches half of Ethereum's value, its price could surge by 2,141%, hitting $0.0002624, resulting in substantial returns for investors.
Market analysts have differing timelines for SHIB reaching $0.0002624, with predictions ranging from 2028 to 2032, considering the challenges posed by its large token supply.