XRP News Today: Shiba Inu Price Could Rise 2,731% to Match XRP's Peak Market Cap

Shiba Inu (SHIB) has mirrored the market trends of major cryptocurrencies, including XRP, over the past week. Both assets have shown similar price movements in response to broader market conditions and geopolitical events. A key question for SHIB investors is what the token’s price would look like if it achieved the same market capitalization as XRP at its all-time high.

To assess this, we compare the historical peak market cap of XRP with SHIB’s current valuation and circulating supply. This theoretical analysis helps illustrate the kind of price growth required for SHIB to reach a new high, though it is not intended as financial advice.

Both XRP and SHIB experienced a price decline on June 22, following the intensification of the Iran-Israel conflict. XRP fell below $2 to approximately $1.90 but has since recovered significantly. As of now, XRP is trading around $2.19, reflecting a 15.2% increase from its June 22 low. Similarly, Shiba Inu dropped to $0.00001010 on the same date. Since then, the token has rebounded and is currently priced at approximately $0.00001153, representing a 12.87% rise.

Although XRP reached a price peak of $3.84 in January 2018, its market capitalization at that time was around $128 billion. However, a new all-time high for market cap was achieved in January 2025, when XRP reached a market valuation of $190 billion. This was despite the price being slightly lower, at approximately $3.34, due to an increase in the circulating supply resulting from ongoing token releases by Ripple through its escrow program.

As of its current price of $0.00001140, SHIB holds a market capitalization of roughly $6.71 billion. Assuming the circulating supply remains fixed at 589.25 trillion tokens, reaching XRP’s peak market cap of $190 billion would require a substantial increase. To match this valuation, SHIB’s market cap would need to grow by approximately 2,731%. At this level, the price per SHIB token would be around $0.0003224, representing a significant rise and establishing a new record high for the asset.

This price level is not entirely speculative. Several analysts and AI-based forecasting models have already projected similar targets for SHIB in the medium to long term. For instance, Himanshu Maradiya, affiliated with the CIFDAQ Blockchain Ecosystem, told Forbes that SHIB could trade between $0.0001 and $0.0003 by the end of the year, contingent on favourable market developments. Meanwhile, a panel of blockchain analysts featured by Finder expects SHIB to gradually appreciate, forecasting it may not reach the $0.0003 mark until between 2030 and 2035. Beyond that, they anticipate the token could eventually hit $0.0008543. In contrast, artificial intelligence models like Gemini and ChatGPT suggest a slightly earlier timeline. According to their projections, SHIB could trade around $0.0003 sometime between 2025 and 2026.

This analysis illustrates the price that Shiba Inu could theoretically reach if it attains the same market capitalization that XRP attained at its highest point. While $0.0003224 may seem ambitious, it is grounded in a logical extrapolation of market cap data and supply dynamics. Nonetheless, such projections rely on a range of factors, including market adoption, utility development, and overall investor sentiment.