Shiba Inu would need to surge nearly threefold to return to the top 10 ranking in the global crypto market.
Prolonged bearish pressure across the broader crypto market has weighed heavily on Shiba Inu, pushing its price lower and causing a sharp slide in global rankings. As a result, the token now sits in 26th place on CoinMarketCap.
Moreover, intensifying competition and weak buying momentum have further limited upside, leaving SHIB with a steep climb to re-enter the top ten ranking.
Key Points
- Shiba Inu has fallen to 26th place in the global crypto rankings amid prolonged bearish market conditions.
- Reclaiming the 10th position would require Shiba Inu to add about $7.8 billion to its market cap.
- Such a move could potentially elevate SHIB’s price to the $0.000019 region.
- Even at that level, SHIB would still trade below its December 2024 peak of $0.000033.
Required Growth to Enter Top 10
Notably, Shiba Inu once ranked among the top 10 cryptocurrencies during the 2021 bull cycle. However, shifting market dynamics and sustained selling pressure have since dragged it down.
Currently, SHIB carries a market cap of $3.71 billion and trades at $0.000006303, far below the level required to compete with higher-ranked assets.
In contrast, the 10th-largest cryptocurrency, Bitcoin Cash (BCH), commands a market cap of $11.2 billion. For SHIB to reclaim a top-10 spot, its valuation would need to rise by approximately $7.8 billion, lifting its market cap to around $11.5 billion.
From its current level, this represents a roughly 210% increase, potentially restoring SHIB as the world’s tenth-largest cryptocurrency. However, this projection assumes that the broader crypto market, including Bitcoin Cash, does not experience proportional growth.
Price Outlook if SHIB Re-Enters the Top 10
Meanwhile, Shiba Inu continues to trade under heavy bearish pressure. At press time, it changed hands at $0.000006303, down more than 80% from its December 2024 peak of $0.000033.
Nevertheless, if SHIB achieves a market cap of $11.5 billion, its price will climb accordingly. Based on its circulating supply of 589.24 trillion tokens, this valuation implies a projected price of $0.00001954 per token. However, this level would remain below the highs recorded in December 2024.
For context, SHIB last traded at $0.000019 in January 2025, following the inauguration of President Donald Trump. Since then, persistent bearish conditions and fading momentum have prevented the token from reclaiming that level.
Can SHIB Reclaim $0.000019 and Re-Enter the Top 10?
Although reaching a $11.5 billion market cap remains achievable given SHIB’s historical performance, several challenges stand in the way.
Beyond broader market weakness, Shiba Inu also faces internal hurdles. These include waning investor interest driven by unfinished ecosystem projects, shifting team focus toward other initiatives, and ongoing concerns over transparency due to persistent anonymity and pseudonymous leadership.
Addressing these issues could restore investor confidence and potentially fuel renewed demand. If the team improves transparency, accelerates ecosystem development, and benefits from a broader market recovery, SHIB could strengthen its case for a return to the top 10.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.