The post Here Is Shiba Inu Price If It Becomes the Meme King of the Next Bull Run appeared on BitcoinEthereumNews.com.

The prospect of Shiba Inu becoming the meme king of the next bull run could significantly impact the price of SHIB.  With only a few months left before the end of the current cycle, investors are already focused on the next bull run, expected to occur in 2028/2029. Ahead of that bull run, development teams behind tokens like Shiba Inu are already preparing their projects to participate in the upcoming rally.  In particular, the Shiba Inu team has introduced several utility projects, including Shibarium, ShibaSwap, and the automated burn mechanism ShibTorch, that could elevate SHIB’s price to greater heights.  – Advertisement – What It Entails for SHIB to be the Meme King  Notably, Shiba Inu aims to become the king of the meme coin market and dominate other tokens in this sector. It achieved this feat in the 2020/2021 bull cycle, when it usurped Dogecoin several times while soaring to an all-time high of $0.00008845. However, Shiba Inu relinquished the title back to Dogecoin almost immediately.  Despite this, speculation suggests that Shiba Inu could reclaim the meme king title in the next bull run. Achieving this feat implies that Shiba Inu would rank as the largest token by market cap in the meme coin market.  At the moment, Shiba Inu is ranked as the second-biggest meme coin. It is valued at $8.3 billion, with a token currently trading at $0.00001208. For Shiba Inu to become the meme king, it must usurp Dogecoin, which currently leads that market with a valuation of $35.79 billion.  SHIB Price If It Becomes Meme King Surpassing Dogecoin’s market cap and becoming the meme king would require Shiba Inu’s valuation to grow roughly 382%. The rally will eventually push Shiba Inu’s market cap from $8.3 billion to $40 billion, surpassing DOGE’s current $35.7 billion.  This analysis…

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Filed under: News - @ August 6, 2025 7:30 pm