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Cryptocurrency News Articles

Can Shiba Inu (SHIB) Flip Dogecoin (DOGE) Again? Experts Weigh In

Apr 16, 2025 at 05:22 pm

The battle for meme coin dominance has been brewing for years — and now, the spotlight is back on Shiba Inu. Can SHIB pull off the impossible and flip Dogecoin again?

Can Shiba Inu (SHIB) Flip Dogecoin (DOGE) Again? Experts Weigh In

Shiba Inu fans, prepare to be disappointed. Most experts interviewed by Finder are skeptical that SHIB can flip DOGE again, despite the fact that it once achieved the unthinkable in 2021.

Shiba Inu (SHIB) might be a popular topic in the crypto sphere, but it seems that most market experts aren’t expecting any miracles.

Shiba Inu Set to Flip Dogecoin in 2025, Says 7% of Experts

The battle for meme coin dominance has been brewing for years — and now, the spotlight is back on Shiba Inu. Can SHIB pull off the impossible and flip Dogecoin again?

That’s the question posed in a recent survey by Finder, which tapped 14 financial experts to weigh in on whether Shiba Inu could overtake Dogecoin in market capitalization.

The verdict? It’s not looking good for SHIB fans.

Shiba Inu Could Briefly Flip Dogecoin in 2021

Those who grew accustomed to the crypto market in recent years might be surprised, but Shiba Inu actually did the unthinkable. Back in 2021, SHIB briefly flipped DOGE, with its market cap hitting $39 billion during the meme coin mania.

However, just as fast as new all-time highs were set and SHIB climbed, Dogecoin reclaimed the throne, and it’s held on tight ever since.

Fast forward to 2025, and SHIB has fallen to 17th place among cryptocurrencies by market cap, while Dogecoin still sits comfortably at #8. Despite Shiba Inu’s large and active community, ongoing Shibarium development, and ShibCoins projects, the gap in market cap remains wide.

Most Experts Doubt SHIB Flipping DOGE Again

So, what are the odds of SHIB flipping DOGE again? In the Finder survey, a whopping 79% of experts said it’s never going to happen. Another 14% weren’t sure.

That leaves just 7% — a lone voice or two — who still believe Shiba Inu could flip Dogecoin, potentially by 2026. It’s a bold claim and a lonely one.

One of the biggest skeptics, Dr. Sathvik Vishwanath, CEO of Unocoin, didn’t mince words. He pointed to Shiba Inu’s massive supply as its Achilles’ heel. With 589.25 trillion tokens in circulation compared to Dogecoin’s 148.82 billion, SHIB is fighting an uphill battle on price and market cap alike.

Even if Shiba Inu’s price surges, its sheer supply means it must outperform DOGE by a huge margin just to catch up.

Dogecoin Has a 240% Lead Over Shiba Inu in Market Cap

Breaking it down further, DOGE currently commands a $24.62 billion market cap. SHIB, on the other hand, is valued at $7.3 billion.

For Shiba Inu to overtake Dogecoin, its market cap would need to increase by over 240%, assuming DOGE stays flat.

Of course, anything is possible in the volatile world of crypto. But such a leap in SHIB’s market cap would require an unprecedented wave of investor enthusiasm, sustained momentum, and likely a bit of luck.

Meanwhile, Dogecoin continues to benefit from its first-mover advantage, greater cultural recognition, and vocal support from heavyweights like Elon Musk. It also has a cleaner, more manageable supply, which analysts say gives it a long-term edge in the meme coin wars.

Shiba Inu Still Has Strengths Despite Expert Skepticism

The experts at Finder also touched upon some of Shiba Inu’s strengths. Despite the long odds, SHIB isn’t without its strengths. It has one of the most passionate communities in crypto, ongoing projects like Shibarium, and the team is determined to push beyond the “meme coin” label.

Shiba Inu is slowly building real utility with its metaverse project and hopes to expand into new Web3 domains.

But will that be enough to overcome the gargantuan task of flipping Dogecoin? The experts say no. For now, SHIB might have the spirit, but DOGE still holds the crown. And unless something dramatic shifts in the market — or a massive surge sends SHIB’s valuation through the roof — the dream of flipping Dogecoin may remain just that: a dream.

The post Most Experts Say It’s Not Happening: Will Shiba Inu Ever Flip Dogecoin Again? appeared first on Tokenist.

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