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Dogecoin shiba inu

Dogecoin At $25, Shiba Inu At $0.05, And XRP At $200? Here’s When

Scott Matherson
by Scott Matherson
1 year ago
·
Posted in Dogecoin, XRP
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Crypto analyst Smile has made an ultra-bullish price prediction for Dogecoin (DOGE), Shiba Inu (SHIB), and XRP, stating they will reach $25, $0.05, and $200, respectively. The analyst also provided a timeline for when these coins will reach these price targets. 

When Dogecoin, Shiba Inu, And XRP Will Reach These Price Targets

Smile indicated in an X post that Dogecoin, Shiba Inu, and XRP will reach these price targets by 2025. Although they didn’t give a specific date or period in 2025, it is believed to be at the peak of this bull run, which analysts like Rekt Capital will be in September or October 2025. This price prediction is undoubtedly eye-catching, considering Dogecoin, Shiba Inu, and XRP current prices. 

Related Reading: Dogecoin Whales Rouse From Slumber With Almost 1,000% Surge In Activity, Will Price Follow?

So far, the consensus among crypto analysts like Kevin Capital (formerly OG Yomi) has been that Dogecoin can reach $1 in this market cycle. Kevin Capital has even predicted that the foremost meme coin can rise to as high as $3 in this bull run based on its historical trend. However, the possibility of DOGE reaching double figures in this cycle has provided a more bullish perspective for the foremost meme coin. 

Shiba Inu Price Prediction Of $0.05

The prediction that Shiba Inu will delete three zeros from its current price and reach $0.05 is also interesting. This is one of the most bullish price predictions for the second-largest meme coin. However, analysts like Oscar Ramos do not believe Shiba Inu can reach this price target. 

He stated that Shiba Inu’s price cannot exceed $0.01 because of its current circulating supply of 589 trillion. The meme coin’s supply hinders its price, considering how much its market cap will be if it hits this price target. Meanwhile, although there has been a conscious effort to reduce Shiba Inu’s circulation, the meme coin’s burn rate indicates it could take hundreds of years before it can be brought down to a substantial amount. 

Although Shiba Inu deleting three zeros from its current price looks almost impossible, crypto analyst Ali Martinez thinks it can happen. Earlier in the year, the analyst predicted that the meme coin could enjoy another historic run and rise to as high as $0.011. Crypto analyst Armando Pantoja predicted that SHIB could reach $0.001 in this market cycle. 

Related Reading: XRP Surpasses Cardano, But Solana Remains Institutional Investors Favorite, Here’s Why

XRP Price Prediction Of $200

Smile isn’t the first analyst to predict that XRP can reach $200. Crypto analyst Javon Marks has also previously predicted that XRP will hit this price target if a Full Logarithmic Follow-Through occurs. Meanwhile, other analysts like Crypto Tank have suggested that the XRP price could reach triple figures if it captures 10% of the daily transactions handled by SWIFT. 

JackTheRippler also predicted that XRP could rise to at least $100 once the SEC Ripple lawsuit ends. The lawsuit could end by October 7 if there is no appeal from both parties at the end of the October-6 deadline. 

XRP price chart from Tradingview.com (Dogecoin Shiba Inu)
XRP price recovers from lows | XRPUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Scott Matherson

Scott Matherson

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

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