- Jake Gagain proclaimed that Shiba Inu would attain a $100 billion market cap this bull season.
- SHIB soared by over 378% within ten days, reaching a high of $0.00004534.
- A $100 billion cap translates to a potential 367.7% growth to $0.0001697.
While Shiba Inu has recently emerged as a notable performer in this crypto bull market, prominent community figures like Jake Gagain believe the asset is only just starting, projecting a more staggering multi-billion dollar valuation. In a recent post on X, Gagain proclaimed that Shiba Inu would attain a $100 billion market cap this bull season.
It went from 5 to 25b MC pretty quick, so 100b is probable, IMO.— Giovanni Marsolis (@Just_Gio_NYTX) March 6, 2024
Gagain’s bold outlook implies an approximately five-fold increase from Shiba Inu’s current cap of around $21 billion. His proclamation comes amid Shiba Inu’s recent astonishing price surge, breaking multi-year highs.
According to historical data from CoinMarketCap, on February 26, Shiba Inu traded at a low of $0.000009483. However, just ten days later, SHIB had already exploded by over 378%, reaching a high of $0.00004534.
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