- Shiba Inu’s market capitalization could increase to $80 billion in the first quarter of 2025.
- When MEMCOIN rallies, they are short but intense – be prepared to profit.
Shiba Inu (SHIB) has a very bullish outlook for the next 6-9 months, possibly longer depending on the Bitcoin (BTC) bull period. Over the past two cycles, the focus in the cryptocurrency space began with Bitcoin, but soon began to shift to alternatives.
In 2017, we launched an ICO and token sale. And in 2021, DeFi tokens and NFT assets have captured public attention. Will this bull market be a bull market for a MEMCOIN supercycle? Murad Mahmudov’s speech at the TOKEN2049 conference highlighted this phenomenon.
Can Shiba Inu catch up with Dogecoin?
Source: DOGE/USDT on TradingView
At press time, Dogecoin (DOGE) had a market capitalization of $65 billion, ranking 7th in the CoinMarketCap rankings. It grew from a market capitalization of $500 million in December 2020 to $84 billion in just six months. This rally of nearly 200x inspired many new memecoins, Shiba Inu being one of them.
There are now hundreds of memecoins competing. Even with more capital in the market, SHIB may have trouble keeping up with DOGE’s gains.
As always, it is the top dog that attracts public attention and money. This time around, DOGE, SHIB, and Pepe (PEPE) may be the best performers.
2025 price prediction
Source: SHIB/USDT on TradingView
SHIB’s most conservative target for the coming weeks is $0.0000045, with an all-time high of $0.000086. The latter would require a 185% rally before it can be tested.
This may be a conservative goal. When memecoins are pumped, they tend to be intense but short-lived. SHIB recorded a gain of 1,639% in 50 days in the second half of 2021.
Is your portfolio green? Check out our Shiba Inu Profit Calculator
Source: Santiment
The first half of 2025 is likely to be strong and could challenge all-time highs over the next three to four months. In fact, data from Santiment showed network activity was well below Q4 2021 levels at press time.
But activity has begun to pick up in recent weeks. Daily active addresses were high, but network growth was inconsistent. The MVRV ratio was also only 39.25% compared to 330% in October 2021.
How much of a hit Bitcoin can take will determine whether the price can rise multiple times after setting a new ATH. Given the current situation, we cannot rule out the possibility that Shiba Inu’s market capitalization will reach $80 billion in 2025.
Disclaimer: The information presented does not constitute financial, investment, trading, or any other type of advice and is solely the opinion of the author.