Shiba Inu Could Hit $0.02 If Bitcoin Reaches $3 Million: Analyst

A crypto analyst is predicting that Shiba Inu (SHIB) could reach a multi-trillion dollar market cap if Bitcoin hits a crazy price of $3 million per coin.

Shiba Inu’s Potential for Growth

The analyst, Oscar Ramos, believes that Shiba Inu has a strong community and a bright future. He thinks the coin could rise to $0.02, which would mean a massive increase in value.

Ramos’ prediction is based on a forecast made by Michael Saylor, the co-founder of MicroStrategy. Saylor thinks Bitcoin could reach $3 million per coin by 2045.

Two Scenarios for Shiba Inu

Ramos outlines two possible scenarios for Shiba Inu’s growth:

  • Scenario 1: If Shiba Inu reaches Bitcoin’s current market cap of $1.37 trillion, the price would rise to $0.0023.
  • Scenario 2: If Shiba Inu reaches the current market cap of gold, which is around $16 trillion, the price could reach $0.0271.

Patience is Key

Ramos acknowledges that reaching $0.02 is a big goal, but he’s confident in Shiba Inu’s potential. He advises investors to be patient and wait for the right conditions to emerge.

Saylor’s Bitcoin Price Predictions

Saylor has made some bold predictions about Bitcoin’s future price:

  • Bear Case: Bitcoin could reach $3 million per coin, with a market cap of $68 trillion.
  • Base Case: Bitcoin could reach $13 million per coin, with a market cap of $280 trillion.
  • Bull Case: Bitcoin could reach $49 million per coin, with a market cap of over $1 quadrillion.

These predictions are very ambitious, but they show that Saylor believes Bitcoin has a huge potential for growth.