Will Shiba Inu Catch Up? Experts Predict Timeline For SHIB to Equal Dogecoin’s Market Cap

• Shiba Inu must rally over 280% to match Dogecoin’s $30B market cap at current supply levels.
• Changelly analysts forecast Shiba Inu could reach Dogecoin’s market cap milestone by 2027.
• Shiba Inu’s current market cap stands at $7.52B, while Dogecoin leads with $30.24B.

Shiba Inu (SHIB) stands as a major rival to Dogecoin (DOGE) in the ongoing battle for meme coin supremacy. The competition between the two assets has also led most analysts to speculate about the time Shiba Inu will achieve the same market cap as Dogecoin, which dominates the meme coin market.

Shiba Inu’s Current Performance and Market Structure

The price of Shiba Inu declined by 3.44% over the past day and is trading at $0.00001277 at press time, with a market capitalization of $7.52 billion. According to CoinMarketCap, the circulating supply of Shiba Inu is 589.24 trillion SHIB, which is near its maximum supply of 589.55 trillion. With most of its supply already in circulation, further inflation is limited, which could ideally create scarcity and drive token’s price..

Meanwhile, Shiba Inu’s 24-hour trading volume surged by 4% to $220.52 million. This lighter activity has not sta…

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