Shiba Inu (SHIB) could potentially remove another zero from its price and reach a new all-time high if it captures just 1% of gold’s massive market capitalization.

The broader cryptocurrency market continues to navigate challenging conditions brought on by macroeconomic pressures, and Shiba Inu has also faced its share of setbacks. From December 2024 through March 2025, SHIB experienced four consecutive months of losses, marking its most prolonged decline since mid-2023.

Despite Declines, Shiba Inu Sentiment Stays Positive

April 2025 has seen a slight continuation of this downward trend, with SHIB recording a mild 1.66% price drop so far. Should the token end April in the red, it would be the first time in its history to close five straight months of losses. Still, Shiba Inu has maintained support above the $0.000012 level, offering some reassurance to its holders.

Interestingly, despite the sustained bearish trend, sentiment around Shiba Inu remains remarkably upbeat. According to data from CoinMarketCap, positive community sentiment stands at an impressive 87%, showing strong belief in the project’s long-term potential.

This optimistic sentiment appears driven by the community’s confidence in Shiba Inu’s ability to recover and potentially rally to new highs. Some analysts have even projected a rebound toward the $0.000173 level, signaling faith in SHIB’s resilience and future price appreciation.

What If SHIB Captures 1% of Gold’s Market Cap?

To understand what such growth could look like in realistic terms, The Crypto Basic explored a hypothetical scenario in which Shiba Inu captures just 1% of gold’s total market cap.

Gold currently holds a staggering valuation of approximately $22.437 trillion, making it the largest and most stable asset globally. Capturing 1% of this market translates to a valuation of around $224.3 billion. That would be a monumental leap for SHIB, whose current market cap sits at around $7.17 billion.

The asset’s previous all-time high market cap of $38 billion occurred in October 2021, during a major crypto bull run when SHIB hit $0.000088. If SHIB’s market cap were to grow to $224.3 billion, this would mean an increase of more than $217 billion from current levels.

With SHIB’s circulating supply of 589 trillion tokens, this scenario would result in a price of approximately $0.0003686 per token—a figure significantly higher than its current valuation and one that would place SHIB among the largest crypto assets by market capitalization.

Expert Predictions Align with This Outlook

Interestingly, several market experts and analysts have already forecasted that Shiba Inu could reach similar price levels. In July 2024, Forbes referenced bullish predictions suggesting SHIB could target $0.0003 in the next major rally. Later in December, an analyst known as CryptoELITES cited technical indicators—specifically a double-bottom pattern—as evidence supporting a possible run to $0.00047.

Additionally, Changelly analysts predict SHIB could reach $0.00036 by June 2033. However, Telegaon offers a more aggressive forecast, estimating that SHIB might hit that same level as early as 2029.

Final Thoughts

While these projections are speculative, they demonstrate the significant interest in Shiba Inu’s long-term potential. The idea that SHIB could match just a small fraction of gold’s dominance highlights the room for growth, especially if investor confidence remains high and the token gains broader adoption in payment systems and utility-based platforms.

That said, for any major rally to materialize, SHIB will need to navigate both technical hurdles and market skepticism. Factors such as trading volume, broader investor demand, project development, and ecosystem utility will play critical roles in determining whether these price targets are achievable in the years ahead.

If Shiba Inu can capitalize on emerging use cases and capture even a modest share of traditional asset flows like gold, it could become one of the standout success stories of the next crypto cycle.