Shiba Inu (SHIB) Could Surge by 950% if the Global Crypto Market Cap Reaches $10 Trillion

Shiba Inu (SHIB) are starting to gain traction alongside Bitcoin’s price surge. Some experts believe that the value of Shiba Inu could surge by as much as 950%

As Bitcoin price continues to hit new all-time highs, SHIB price is also starting to gain attention. Could SHIB price reach $0.0002 if BTC price keeps surging?

Shiba Inu (CRYPTO: SHIB) price is starting to gain traction as Bitcoin price continues to set new all-time highs almost daily, capturing the attention of both retail and institutional investors.

As the market expands, altcoins are beginning to catch up, with SHIB being one of the frontrunners. Some experts believe that the value of SHIB could surge by as much as 950% if the global crypto market cap reaches $10 trillion. With Bitcoin showing no signs of slowing down, this projection may not be as far-fetched as it seems.

A Surge In Market Capitalization

Recently, the global cryptocurrency market cap increased by 4.6% over a 24-hour period. This surge was largely driven by Bitcoin’s new price peak of $77,200, which served as a major driving force for the overall market.

As Bitcoin continues to surge, altcoins like SHIB are beginning to see more attention. In fact, SHIB has already experienced an 8% increase in the past week, reaching an intraday high of $0.00001931. Many investors are speculating that SHIB price could continue to climb if the broader market keeps expanding.

A $10 Trillion Crypto Market Is Within Reach

One of the most bold and optimistic predictions comes from market commentator HorBull, who believes that the global crypto market could hit the $10 trillion mark during this bull cycle. According to HorBull, this milestone is within reach and would have a transformative effect on cryptocurrencies, especially altcoins like SHIB.

In a $10 trillion market scenario, Bitcoin’s market cap would likely approach $5 trillion, given that the top cryptocurrency typically commands more than 50% of the market's total value. At a $5 trillion market cap, Bitcoin’s price could potentially rise to around $250,000.

With Bitcoin’s dominance secured, the remaining $5 trillion would flow into the altcoin market, including SHIB. HorBull predicts that the altcoin market could increase from its current valuation of approximately $1.2 trillion to a staggering $5 trillion, signaling that a massive $3.8 trillion could flow into altcoins over the course of the next year.

Shiba Inu’s Potential Price Surge

For SHIB, this influx of capital could send its price soaring. At its current price of $0.00001903, SHIB has a market cap of roughly $11.21 billion. If the overall crypto market cap reaches $10 trillion, HorBull estimates that SHIB could climb to a price of $0.0002, a near 10x increase. This would elevate its market cap to approximately $118 billion, making it a top contender among major cryptocurrencies.

To achieve this price point, SHIB would need to experience a 950% increase from its current value. While this sounds ambitious, the altcoin has demonstrated explosive potential in the past, leading many experts to believe that such a rise is plausible within the context of this bull market. As the broader market continues to expand and investor sentiment strengthens, SHIB could see significant upside.

Historical Price Movements Show SHIB’s Explosive Potential

Shiba Inu has historically shown an ability to experience rapid, massive price swings. Earlier this year, SHIB price surged by 370% in less than two weeks during the first quarter, a move that caught the attention of both retail and institutional investors.

The altcoin's ability to generate such explosive growth in short periods makes it a candidate for significant price increases if the market continues on its current trajectory. The current market cycle, which is still in its early stages, presents a critical period for SHIB.

As Bitcoin breaks new highs and the broader market grows, the chances for SHIB to experience a similar surge increase. If Bitcoin’s upward momentum continues, the altcoin market is likely to follow suit, and SHIB could be one of the biggest beneficiaries of this growth.

Looking Ahead: Is $0.0002 Realistic for SHIB?

With the global crypto market growing at a rapid pace and Bitcoin continuing to break its previous records, SHIB price seems to have a bright future ahead. If the market cap reaches $10 trillion, SHIB could easily hit the price of $0.0002, or even surpass it.

While achieving a 950% price increase may sound like a tall order, the current market dynamics, combined with SHIB’s historical volatility, suggest that such a price point is within reach.

As more capital flows into the crypto market and investors grow more