Oscar Ramos, a prominent crypto ambassador, has made a bold prediction about Shiba Inu’s potential growth. Inspired by Michael Saylor’s recent forecast of Bitcoin reaching $13 million per coin by 2045, Ramos envisions Shiba Inu increasing value by over 160,000% in the next two decades.
Bitcoin’s Projected Market Cap
Saylor, chairman of MicroStrategy, presented his prediction at the 2024 Bitcoin Conference, suggesting that Bitcoin’s market cap could reach $273 trillion by 2045. This would surpass the combined valuations of gold, Apple, Microsoft, NVIDIA, and Google.
Saylor’s forecast is based on a bull case scenario, with a potential high of $40 million per coin and a bear case scenario of $3 million per coin.
Implications for Shiba Inu (SHIB)
Ramos believes Shiba Inu (SHIB) will stand out among other meme coins in the next two decades due to its robust ecosystem and continuous development efforts. He predicts that Shiba Inu will eliminate three leading zeros and trade in the $0.02 range, comparable to gold’s current market cap.
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Shiba Inu’s Potential Value
Ramos presented two scenarios for Shiba Inu’s potential value. In the first scenario, Shiba Inu reaches Bitcoin’s current market cap of over $1.37 trillion, resulting in a price of $0.0023 per coin. This represents a 13,647.8% increase from its current price.
In the second scenario, Shiba Inu reaches the current gold cap of $16 trillion, resulting in a price of $0.0271 per coin. This represents a massive return on investment of 1,600X.
Ramos’ projection of $0.02 for Shiba Inu by 2045 is consistent with forecasts from industry experts at Changelly crypto exchange and Telegaon. This suggests there is a consensus among experts that Shiba Inu has significant growth potential in the long term.
While predictions about cryptocurrency performance are quite uncertain, Ramos’ analysis provides a compelling case for Shiba Inu’s potential growth. As the crypto industry continues to evolve, Shiba Inu’s strong ecosystem and development efforts position it for success.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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