Shiba Inu Poised for 250% Surge to $0.00004837 as Analysts Predict $28 Billion Market Cap

Shiba Inu could be on the verge of a dramatic market capitalization surge, according to Jake Gagain, a prominent crypto trader. He forecasts that the meme-inspired token may triple in value within the current market cycle, rising from its current $8 billion valuation to as high as $28 billion. Such a move would not only elevate SHIB’s status among major crypto projects but also bring it close to Cardano’s current market cap of $29 billion [1].

Currently trading at $0.00001382 after a 0.8% daily decline, SHIB would need to rise by approximately 250% to reach Jake’s target price of $0.00004837. While this price point is still below its October 2021 peak of $0.00008845, it represents a significant rebound from its current valuation. SHIB has already demonstrated its ability to stage major rallies, having surged to $0.00004534 in December 2024 after a 400% increase from a low of $0.0000088 [1].

Breaking key resistance levels is seen as crucial for SHIB’s continued upward trajectory. One TradingView analyst has highlighted $0.00001856 as an important initial hurdle, with further potential targets at $0.00004807 and $0.00007078. Other projections suggest a more gradual climb, with some analysts anticipating a price range of $0.00002800 to $0.00003500 before testing the $0.00004170 level [1].

Crypto Nuclear, another analyst, has projected even more aggressive gains for SHIB, estimating potential price surges of 514% to 589%, with a target price of $0.00007870. He emphasized the importance of SHIB maintaining its support zone between $0.00001090 and $0.00001190, as a successful defense of this range could trigger a major breakout. Meanwhile, an analyst labeled “Investments CEO” has made an extremely bullish prediction, suggesting SHIB could rise to $0.001—though no concrete fundamentals were provided for this projection [1].

If SHIB manages to overcome key technical barriers and sustain positive momentum, it could outperform expectations and spark renewed interest from both retail and institutional investors. The coming months will be pivotal in determining whether SHIB can maintain its bullish trend or face renewed headwinds. For now, the market remains in a state of anticipation as traders and analysts closely watch for signs of a breakout.

Source: [1] The Crypto Basic- Expert Predicts $28B Market Cap for Shiba Inu in Current Cycle (https://thecryptobasic.com/2025/08/11/expert-predicts-28b-market-cap-for-shiba-inu-in-current-cycle/)