Shiba Inu ($SHIB) May Not Hit $1 Until 2050, Despite Dogecoin ($DOGE) Approaching the Mark

Dogecoin is preparing to crack the $1 price level this year, while Shiba Inu reaching a similar coveted point remains a mirage — at least for the next few decades.

Both Dogecoin and Shiba Inu are the two most prominent altcoins in the market, with valuations in the multi-billion dollar range. Before they reached their current lofty positions, both had very humble beginnings.

For instance, ten years ago, Dogecoin traded with four leading zeros when it hit a historic bottom of $0.00008547. However, today, Dogecoin is trading at $0.3837, up by 450,694% from that all-time low.

A similar impressive record is observable with Dogecoin’s closest rival, Shiba Inu. According to CoinMarketCap data, Shiba Inu traded at an all-time low with ten leading zeros four years ago.

However, Shiba Inu has eliminated six zeros today, trading at $0.00002427. This current valuation marks an astonishing 29,848,442% increase from its historic bottom.

As the 2025 bull market gains momentum, both Dogecoin and Shiba Inu are preparing for even more significant price landmarks.

Shiba Inu Case as Dogecoin Approaches $1

Dogecoin, in particular, is on the verge of breaking into the promising $1 threshold. While many believe this outlook is attainable in the next few weeks, there is strong skepticism surrounding Shiba Inu’s potential to ever reach the $1 mark.

Notably, Dogecoin needs to appreciate by 161% to break the $1 barrier. However, in Shiba Inu’s case, the asset needs to grow by over 4,120,213%. This extraordinarily high growth requirement significantly extends the timeline for Shiba Inu to reach $1.

For context, at a $1 price, Dogecoin would have a market cap of $147 billion, which is a realistic outlook in the current crypto landscape.

On the other hand, Shiba Inu has a circulating supply of 589 trillion tokens. In other words, a $1 unit price for SHIB would send Shiba Inu’s valuation to $589 trillion. 

This figure far exceeds the current global wealth, not just the valuation of Bitcoin and gold alone. Essentially, given the current market dynamics, attaining $1 is far from a realistic expectation for Shiba Inu.

But When Can Shiba Inu Reach $1?

Since short-term expectations of Shiba Inu reaching $1 are wishful thinking due to market cap implications, the question arises: When can SHIB realistically attain this ambitious threshold?

According to analysts at Telegaon, a prediction portal, it would take until 2050 for Shiba Inu to reach $1. This is essentially 25 years from now. 

Notably, these analysts expect Bitcoin to be worth $2.5 million per coin by 2040, and during this time, they project a Shiba Inu price of $0.054.

Meanwhile, other prediction platforms like CoinCodex and cryptocurrency exchange Changelly do not see Shiba Inu reaching $1 in the foreseeable future.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.