Shiba Inu's big comeback? 3,000% jump could make it the new king of meme coins by 2026
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Shiba Inu vs Dogecoin: The Battle for Meme Coin Supremacy Heats Up
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What a 3,000% Surge Would Mean for Shiba Inu's Price and Market Value
Why Investors Should Approach Shiba Inu's Growth Projections With Caution
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Memecoin Shiba Inu (CRYPTO:) is in the spotlight again, and experts are forecasting that it may be set to rally up to 3,000% and even replace long-time favorite(CRYPTO:) as the best meme coin by 2026, as reported by Benzinga.Experts such as Kevin Capital, a popular Dogecoin analyst, and more recent findings by Finder indicate that Shiba Inu could surpass Dogecoin's growth during the next crypto bull cycle, perhaps as early as 2026 or within the 2028–2029 market cycle, as per the report.As per a Benzinga report, SHIB may soon surpass DOGE, which will intensify the rivalry between these two community-backed digital assets.Presently, Dogecoin enjoys a commanding position with a market capitalisation of around $35.69 billion, and Shiba Inu stands at approximately $8.27 billion, as reported by Benzinga. But if the growth rate of Shiba Inu triples that of Dogecoin, then all those figures could change overnight, according to the report.ALSO READ: Emergency landing: United Airlines Boeing 787-8 Dreamliner suffers mid-Air engine failure after takeoff To put this into context, when Dogecoin's price increases 1,000% to about $2.61, Shiba Inu would have to rise 3,000% from its present price of merely $0.00001404 to reach about $0.000435, a leap that would send its market value soaring to more than $256 billion, as per the Benzinga report.While there is excitement, specialists warn that Shiba Inu still has challenges ahead, according to the report. Compared to some cryptos popularising with institutional investors, Shiba Inu has not yet gained institutional adoption, as no asset managers have filed for a SHIB spot ETF, as per the Benzinga report.Additionally, the anonymous development team for the project continues to generate doubts regarding governance and responsibility, elements widely believed to be determinants for sustained price growth and investor trust, according to the report.Benzinga has asked investors to treat these projections with caution, as per the report. Since the three-times-growth assumption relies on unverified catalysts such as broader market conditions, technological advancements, or regulatory changes, according to the Benzinga report. While meme coins are notoriously volatile, and past performance is not indicative of future results, as reported by Benzinga.ALSO READ: Novo Nordisk stock plunges 23% after cutting sales forecast and naming Mike Doustdar as new CEO Analysts think it's possible if Shiba Inu grows three times faster than Dogecoin in the next crypto bull cycle.Market trends, technological advances, and regulatory changes, as per the report.
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