Shiba Inu’s Q1 2025 roadmap – What should SHIB holders expect from memecoin?

Shiba Inu could see its market capitalization expand to $80 billion in Q1 2025
When memecoins rally, it is short but intense – Be ready to take profits

After closely observing the memecoin market over the past few years, I am confident that Shiba Inu [SHIB] has a promising future. While it may face stiff competition from other memecoins, its impressive performance during the 2021 bull run suggests it could potentially catch up to Dogecoin [DOGE]. However, it’s essential to remember that even in a bull market, memecoins tend to be short but intense. So, when Shiba Inu pumps, it pays to take profits and hold on tight.

Looking ahead, I’m quite optimistic about Shiba Inu [SHIB] for the next 6-9 months, and possibly even beyond, considering the duration of Bitcoin’s [BTC] previous bull runs. Historically, in the crypto world, the spotlight initially falls on Bitcoin, but it tends to gradually move towards altcoins as the cycle progresses.

In 2017, it moved towards Initial Coin Offerings (ICOs) and token sales. More recently, in 2021, DeFi tokens and Non-Fungible Token (NFT) assets have captured the public’s interest. Could this bull run mark the beginning of the memecoin surge? According to Murad Mahmudov’s speech at the TOKEN2049 Conference, there is a strong argument for this trend.

Can Shiba Inu catch up to Dogecoin?

Currently, Dogecoin (DOGE) boasts a substantial market value of approximately $65 billion, placing it 7th on the CoinMarketCap’s listings. In just six months, its market cap surged from $500 million in December 2020 to an astounding $84 billion. This phenomenal growth, nearly 200 times larger, sparked a wave of new meme-based cryptocurrencies, with Shiba Inu being one of them.

Currently, there’s a large number of meme-based cryptocurrencies in the market, all vying for attention. Despite having more resources at its disposal, Shiba Inu (SHIB) might find it challenging to replicate Dogecoin’s (DOGE) success in terms of gains.

Every time, it’s the leading contenders that capture the spotlight and attract investment. This time around, Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) might just be the standout performers.

Price prediction for 2025

Over the next few weeks, the least aggressive projections for SHIB place it at approximately 0.000045 cents. Its record high of 0.000086 cents would require a significant surge of around 185% to retest.

This goal might lean toward the cautious side. Typically, when meme tokens surge, they can be quite dramatic but brief. Shiba Inu (SHIB) experienced this phenomenon in the latter part of 2021 – a staggering increase of 1,639% within just 50 days.

Is your portfolio green? Check the Shiba Inu Profit Calculator

It’s anticipated that the initial part of 2025 will exhibit a robust bullish trend, with the current record high potentially being surpassed within the next 3-4 months. Interestingly, Santiment’s data indicates that network activity, as of now, is significantly lower than it was during Q4 of 2021.

Activity has begun to recover in recent weeks though. Daily active addresses have been high, but the network growth’s been inconsistent. The MVRV ratio was also only at 39.25%, compared to 330% seen during October 2021.

As a researcher exploring the potential of cryptocurrencies, I’m intrigued by the question of whether Bitcoin’s price will continue to multiply following a new All-Time High (ATH). Given its past performance and current trends, it’s plausible that Bitcoin could reach unprecedented heights. In fact, speculating about Shiba Inu reaching a market cap of $80 billion by 2025 might not be entirely out of the question. However, it’s important to remember that such predictions are based on current trends and should be taken with a grain of salt, as the future of cryptocurrencies can be unpredictable.

2024-12-07 23:04

Can Shiba Inu catch up to Dogecoin?

Price prediction for 2025

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