The price of Shiba Inu (SHIB) could see a substantial increase if it continues to track the performance of Ethereum (ETH), especially if ETH's market cap rises by 200%. Data shows that SHIB has a strong correlation with ETH, suggesting that Ethereum is likely to influence SHIB's short-term performance. This correlation could be advantageous for SHIB if Ethereum's price rises, but detrimental if Ethereum experiences a downturn. If Ethereum's market cap increases by 200%, it would have a significant impact on Shiba Inu, potentially pushing its market cap to $38.25 billion and its price close to its previous all-time high. Various stakeholders have predicted a surge in SHIB's price, with targets ranging from $0.00006861 to $0.00006937. However, factors like market sentiment, burns, and utility will also play a role in determining the extent of SHIB's price increase.



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