Shiba Inu ($SHIB ) has remained a notable contender in the meme coin arena, challenging Dogecoin ($DOGE ) for dominance since its emergence in 2020. While SHIB briefly surpassed DOGE in 2021, reaching a peak market capitalization of approximately $39 billion, the triumph was short-lived as Dogecoin swiftly reclaimed its top position.

Today, the debate continues among crypto enthusiasts and investors about whether Shiba Inu has the potential to overtake Dogecoin once again. A recent survey conducted by Finder sought to provide clarity on this issue by gathering opinions from top financial experts.

Expert Opinions: SHIB vs. DOGE

The survey featured 14 leading financial analysts, who were asked to weigh in on the likelihood of SHIB surpassing DOGE in terms of market capitalization.

79% of respondents believe Shiba Inu will never overtake Dogecoin.

14% remain undecided, expressing uncertainty about SHIB’s future potential.

Only 7% are confident that SHIB will eventually flip DOGE, with some projecting this could happen as early as 2026.

Despite the minority expressing optimism, the prevailing sentiment among experts indicates skepticism about SHIB’s ability to outpace DOGE in the long term.

Key Challenges for Shiba Inu

Dr. Sathvik Vishwanath, CEO of Unocoin, offered critical insights into why SHIB may struggle to surpass DOGE. According to Dr. Vishwanath, the massive token supply of Shiba Inu significantly limits its growth potential.

While DOGE has a circulating supply of approximately 148.82 billion tokens, SHIB’s supply stands at a staggering 589.25 trillion tokens. This discrepancy presents a major hurdle, as achieving parity in market capitalization would require SHIB’s price to increase substantially—a challenge given its high supply and speculative investment nature.

Dr. Vishwanath emphasized that, despite SHIB's robust tokenomics and a highly engaged community, the overwhelming supply is a major structural disadvantage in its pursuit of DOGE’s market position.

Current Market Positions

As of the latest market data:

Dogecoin is ranked as the eighth-largest cryptocurrency, boasting a market cap of $24.62 billion.

Shiba Inu holds the 17th position, with a market cap of approximately $7.3 billion.

To overtake DOGE, SHIB would need to increase its market cap by more than 240%, assuming that DOGE's market cap remains static and no changes occur in the circulating supply of either asset.

Conclusion

While Shiba Inu continues to be a prominent player in the meme coin space, the consensus among financial experts suggests that overtaking Dogecoin remains a significant challenge. With critical limitations such as its immense token supply and speculative market behavior, SHIB may find it difficult to match DOGE's longstanding dominance—at least in the foreseeable future.

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