The article discusses the potential impact on the price of Shiba Inu if Bitcoin reaches certain price targets, such as $500,000 or $13 million. It notes that Shiba Inu has shown a strong correlation with Bitcoin and analyzes how this correlation could affect its price.
The article mentions Bloomberg's prediction of a $500,000 price target for Bitcoin, citing factors such as its reputation as digital gold and growing institutional demand. If Bitcoin reaches this price, Shiba Inu's market cap would increase to $50.14 billion, and its price would surge to $0.0000851.
The article also mentions Michael Saylor's prediction of a possible Bitcoin surge to $13 million and the potential institutional attraction towards Bitcoin. If Bitcoin reaches this price, Shiba Inu's market cap would be $1.3 trillion, and its price would surge to $0.002206.
However, it is noted that these figures are based on theoretical correlations and there are no guarantees that Shiba Inu will surge alongside Bitcoin or maintain the same relativity with the asset.
Content Editor ( thecryptobasic.com )
- 2025-03-01
Here’s the Potential Shiba Inu Price if BTC Reaches $500,000 or $13,000,000
