In recent weeks, the price of Shiba Inu (SHIB) has exhibited trends similar to a major asset like XRP. This article explores what price growth SHIB might require if it reaches XRP's historical market cap.
Market Movement Comparison of SHIB and XRP
Over the past week, SHIB and XRP have shown comparable price movements, reacting to broader market conditions and geopolitical events. For instance, on June 22, both assets experienced declines triggered by the escalation of the Iran-Israel conflict. XRP fell to around $1.90 but has since recovered significantly and is now trading at about $2.19, reflecting a 15.2% increase from the low. Similarly, SHIB dropped to $0.00001010, but its current price is approximately $0.00001153, reflecting a rise of 12.87%.
XRP's Historical Market Cap High
XRP reached a peak price of $3.84 in January 2018, with a market capitalization of around $128 billion at the time. However, a new all-time high for market cap was reached in January 2025 when XRP had a valuation of $190 billion, despite the price being slightly lower at around $3.34. This was due to an increase in circulating supply from ongoing token releases through Ripple's escrow program.
SHIB's Potential Price at XRP's ATH
Currently, SHIB is priced at $0.00001140, with a market capitalization of about $6.71 billion. To match the peak market cap of XRP at $190 billion, SHIB would need its market cap to grow by approximately 2,731%. This suggests that the price of SHIB could reach around $0.0003224, marking a significant increase and establishing a new record for the asset. This assessment is backed by various analysts and AI-based models that predict similar targets for SHIB in the medium to long term.
This analysis illustrates what price Shiba Inu theoretically could reach if it attains the same market capitalization as XRP at its historical high. While $0.0003224 may seem ambitious, it is grounded in logical extrapolation based on market cap data and supply dynamics; however, such projections are dependent on numerous factors, including market adoption and overall investor sentiment.
