After four years, Shiba Inu (SHIB) has made significant progress. The asset has rapidly moved into the top 20 projects based on market capitalisation.
Although SHIB is down by over 84% from its all-time high of $0.00008616 in October 2021, fans and investors continue to pursue higher prices. In this article, let’s explore how high SHIB can go if Bitcoin (BTC) reaches $150,000.
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SHIB’s Price If Bitcoin Hits $150,000
If BTC hits $150,000, it would entail a rally of about 158% from current levels. Let’s consider that Shiba Inu’s (SHIB) price also grows similarly. In this scenario, the dog-themed crypto would reach a price of $0.0000344172.
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While hitting $150,000 would be Bitcoin’s new all-time high, SHIB’s reaching $0.0000344172 would still be a 150% rally away from its respective all-time high.
When Will The Memecoin Reclaim Its All-Time High?
Shiba Inu (SHIB) has faced significant headwinds since hitting its peak in October 2021. The bear market of the last two years presented substantial hurdles to the crypto sector.
According to the analysts at Changelly, SHIB could hit a new all-time high of $0.0001229877 in 2027, about three years from now. Reaching $0.0001229877 from current prices would translate to a rally of nearly 822%.
Telegaon analysts are more bullish on Shiba Inu (SHIB) than Changelly. The platform anticipates the meme coin hitting a new all-time high of $0.0000728 in 2025, less than a year from now.
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SHIB is among the most popular cryptocurrencies in the world. The project has a loyal following and could see an increase in adoption if it reaches an all-time high.