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

Share This Post

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. 

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. 

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)

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Mark Cuban: Kamala Harris Opposes ‘Regulation Through Litigation’

Billionaire Mark Cuban says that Vice President Kamala Harris’ team has told him “in no uncertain terms that they are against ‘regulation through litigation'” He criticized US

Tron Processes Nearly $100 Billion In Trading Volume Last Week, TRX Ready For New All-Time High?

TRX, the native currency of the Tron network, is steady at press time and trending at around all-time highs After the explosion in Q3 204, the uptrend remains, and buyers are confident that there

Cardano (ADA) Eyes 20% Price Surge – Funding Rate Suggests Increasing Demand

Cardano is trading at a crucial supply level that could spark a significant rally to new highs After last week’s interest rate cut, optimism has surged among analysts and investors, with many

Guggenheim issues $20 million worth of tokenized commercial paper on Ethereum

Guggenheim Treasury Securities (GTS), a subsidiary of financial consulting firm Guggenheim Capital, has issued $20 million worth of Digital Commercial Paper (DCP) on Ethereum The DCP received a P-1

Crypto Analyst Predicts What Will Drive The Ethereum Price Back Above $3,000 Again

Ethereum, the second-largest cryptocurrency by market capitalization, has yet to reclaim the $3,000 price level since early August Since the beginning of September, Ethereum has mostly traded below

Phantom Wallet Joins Dydx, Easing Access for 7 Million Users

Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform This integration aims to simplify access for over