Several key analysts are predicting that Shiba Inu can reach a $100B market cap, with expert Jake Gargain promising to delete his X account if it doesn’t happen. In this article, we will look at what this means for the price of Shiba Inu, and compare the potential to that of small-cap coins like Cutoshi and Pepe Unchained.
Shiba Inu’s Bullish Price Predictions
Shiba Inu is, of course, crypto’s second largest meme coin, with a current valuation of $15B by market cap, and a price of $0.00002455. It’s up by 30% over the last week already, and analyst Oscar Ramos agrees with Jake Gargain – that Shiba Inu will reach a $100B market cap, possibly before the end of Q4.
But let’s start a little more conservatively first. If Shiba Inu were to reach the current market cap of top meme coin Dogecoin ($42.5B), then that is a 2.85x from here, meaning the price would be $0.00007233.
Now let’s imagine that Shiba hits the mcap of Doge when it was at its all time high of $88.7B. This would take SHIB’s price to $0.00015087, destroying another 0 and up by 5.83x from the current price.
And now lets work out what would happen if the pundits’ predictions are correct, making Shiba Inu the fourth biggest coin by market cap (at today’s prices), after BTC, ETH, and SOL.
In this case, the price would be $0.00016962, representing a notable increase. Now that’s a wonderful gain, but that means A LOT of money has to go into Shiba Inu to get it there.
And that’s why it makes sense to check out small cap coins that are predicted to grow by much more than that.
Pepe Unchained Is A Strong Contender For A High ROI
Pepe Unchained is another presale project, and one that has been getting a lot of attention over the last few months. It also mixes meme and utility as the team has created a layer 2 blockchain for $PEPU which allows easy transfers of assets between the chain and Ethereum, with much lower fees and faster speeds.
Like Cutoshi, the market cap is much smaller, which means that $PEPU needs much less investment than Shiba Inu to get massive returns.
As PEPU has been out longer than Cutoshi, its market cap is higher, at $99,920,00, and about to go up in the next few hours, as the current presale stage is almost sold out. So the gains aren’t quite as big, but still very impressive if Pepe Unchained can reach the heights of Shiba Inu.
We’re looking at significant potential in that case, far outstripping the gains from Shiba Inu reaching a $100B market cap.
Cutoshi Takes The Cake For Untapped Gains
Cutoshi is a new meme coin in presale, that reminds us of Shiba Inu in the early days. Like Shiba, it’s based on a cute meme avatar, and also like Shiba it extends beyond the realm of memes and into DeFi. This is because Cutoshi are building an ecosystem that includes a decentralized exchange, which will be cross-chain for easy usage, and also offer peer-to-peer options for those who want ultimate privacy.
There are other things to come as well, including an NFT collection with utility within the Cutoshi ecosystem, and competitive quests and farming.
We know from Shiba Inu that this mix of meme and utility has proved very popular. But the question is, what will the price action be like?
Cutoshi is in stage 3 of a 10 stage presale. While the exact price of the listing hasn’t been confirmed, we know that currently the market cap of Cutoshi is $11.3M – that’s million not billion! (token supply of 440m x price of $0.0259).
This means that if Cutoshi can reach the current market cap of Shiba Inu, each $CUTO coin would be worth $34, representing an impressive gain.
If we get a bit more conservative and imagine Cutoshi with the market cap of PEPE, that’s still a price of $11.53, representing a substantial gain. Way more exciting than a 555% increase from Shiba Inu!
Final Thoughts
So the conclusion is clear, while Shiba Inu is a strong and established coin to hold, being early provides much bigger chances of high gains. The days of the Shiba’s huge 46,058,109% gains are now in the past, granted to those who got in when SHIB was still new.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:Â
Disclaimer: This is a sponsored post. The Crypto Times does not take any editorial responsibility for the published content’s accuracy, quality, and fairness. We advise our readers to always do their research before engaging with any products mentioned on our website.
