Here’s the Shiba Inu (SHIB) Price If All Dogecoin Holders Switched

Shiba Inu fans love big questions, and this one never seems to go away –  could the SHIB price ever reach $0.01? The idea didn’t come out of nowhere. 

Back in 2021, SHIB exploded from meme status to a record price of $0.00008845 and instantly became crypto’s underdog success story. 

Ever since, hopeful holders have pointed to future burns, adoption, and new use cases as the possible bridge to that one-cent goal.

But critics have always pointed to the same roadblock: supply. With more than 589 trillion tokens in circulation, SHIB has one of the biggest supplies in the entire crypto market. And unless that number is dramatically reduced, even huge inflows of capital may not move the price as much as people expect.

To test the theory, the analysis looks at a bold what-if scenario; what happens if every Dogecoin holder dumps DOGE and buys SHIB instead?

Dogecoin has a market cap of about $21.98 billion at $0.1447, while Shiba Inu sits near $4.68 billion at $0.000007963. If all that DOGE money moved into SHIB, the combined market cap would jump to roughly $26.66 billion.

And yes, the SHIB price would pump a lot. Its price would shoot up to around $0.00004524, which is a huge 468% increase from where it is now. For most tokens, that would be a once-in-a-lifetime rally.

But here’s the key takeaway, even after absorbing all of Dogecoin’s market value, the SHIB price would still fall far short of $0.01. 

The problem isn’t demand, it’s math. With such a massive circulating supply, SHIB needs an unbelievably large market cap to hit $0.01. In fact, it would need around $5.89 trillion, more than the combined valuations of companies like Apple, Tesla, Amazon, and Alphabet.

And that’s assuming buyers continue holding, no one sells along the way, and no new supply enters circulation. It’s simply unrealistic in today’s market conditions.

Read Also: This Dogecoin (DOGE) Indicator Just Flashed “Buy”

This doesn’t mean the SHIB price has no future or no growth potential. If real utility increases, burns continue, liquidity expands, and institutional access improves, SHIB could still see meaningful upside over time. 

But the viral “$0.01 dream” would require extreme supply reductions, not just new investors switching from another meme coin.

So even though a full Dogecoin-to-Shiba shift would give the SHIB price a huge lift, the numbers 

show it still wouldn’t be enough. The supply is just too large for moderate, or even massive, capital inflows to push SHIB anywhere close to one cent.

For now, SHIB holders may want to shift the conversation from “Can it hit $0.01?” to “What realistic catalysts can drive steady, sustainable growth?”

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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