Can Shiba Inu Coin (SHIB) Catch Up to Dogecoin (DOGE) in Market Value? Experts Provide Key Insights

1. Current Market Value Gap and Supply-Demand Dynamics

Shiba Inu Coin (SHIB) currently has a market value of $7.52 billion, which is 3.78 times lower than Dogecoin (DOGE) at $28.46 billion. To catch up to DOGE's market value, SHIB needs to achieve over 280% price increase, from $0.00001277 to $0.00005155.

From the supply side, SHIB's circulation has reached 589.24 trillion coins (close to the maximum supply of 589.55 trillion), and the deflationary mechanism has become a key driver for its price; meanwhile, DOGE maintains an inflationary property with an unlimited supply of 149.65 billion coins, forming a stark contrast between the two. SHIB's trading volume in the last 24 hours is $221 million (up 4% month-on-month), while DOGE shows stronger market activity with a trading volume of $1.61 billion.

2. Long and Short Factors Game Analysis

(a) SHIB's Potential Growth Drivers

Implementation of the deflationary mechanism: The team continues to promote the token burning plan, enhancing burning efficiency through ecological applications (such as the Shibarium Layer 2 network), gradually strengthening scarcity logic. Expansion of ecological scenarios: The Shibarium network has achieved reduced transaction costs and improved processing efficiency; if the number of users surpasses 10 million, it will drive SHIB's transformation from a meme coin to a functional token.

(b) DOGE's Competitive Advantages

First-mover advantage in the market: As the largest meme coin by market value, DOGE has a head start in social media attention, community consensus, and institutional collaborations. High liquidity support: An average daily trading volume of $1.6 billion creates a price buffer, making it significantly more resilient than SHIB.

3. Divergence in Expert Predictions Timeline

Optimists: Expect SHIB's market value to reach DOGE levels by November 2027; if the crypto market enters a super cycle, the probability of breaking through before the end of the year increases. Conservatives: SHIB needs to achieve exponential growth in ecological adoption and trading volume, which may not be completed until 2040 at the earliest.

Risk Warning: The meme coin sector is heavily reliant on market sentiment, and SHIB's deflationary effects, regulatory policy changes, and DOGE's ecological counterattack could rewrite the competitive landscape. Investors should be wary of short-term speculative bubbles and rationally assess the actual value of the project.#狗狗币崛起 #