The Shiba Inu price could see a drastic increase if the US dollar collapses and cryptocurrencies become the global monetary standard, with potential market cap projections discussed.
The potential decline of the US dollar's global dominance has sparked discussions about cryptocurrencies as a replacement, with Bitcoin and digital assets gaining attention due to their liquid and viable nature.
If cryptocurrencies become the new global monetary standard, it is projected that the total digital asset market cap could reach between $100 trillion and $300 trillion, benefiting altcoins like Shiba Inu if they claim a portion of this new market.
Shiba Inu's current market performance, potential market cap projections, and estimated price targets if it captures a share of the global crypto market were discussed in the article.