Bitrabo Editorial
Crypto expert Smile has forecasted an exceptionally optimistic future for Dogecoin (DOGE), Shiba Inu (SHIB), and XRP, predicting these cryptocurrencies will soar to $25, $0.05, and $200, respectively. Additionally, the analyst has outlined a timeline for these targets.
Expected Timeline for Dogecoin, Shiba Inu, and XRP Price Targets
According to an X post by Smile, all three cryptocurrencies are expected to hit these price points by the year 2025. While no specific date was provided, it is anticipated to align with the peak of the upcoming bull market, potentially in September or October 2025, as suggested by analysts such as Rekt Capital. This prediction stands out, especially given the current prices of Dogecoin, Shiba Inu, and XRP.
In the realm of crypto forecasting, many analysts, including Kevin Capital (formerly known as OG Yomi), have suggested that Dogecoin might reach $1 in this market cycle. Some believe the meme coin could potentially climb to $3 based on its past performance. However, the notion of DOGE reaching into the double-digit range adds an even more bullish outlook for this popular cryptocurrency.
Shiba Inu Price Target of $0.05
The projection that Shiba Inu could eliminate three zeros and touch $0.05 is quite striking. This is regarded as one of the most aggressive price estimates for the second-largest meme token. Nevertheless, analysts such as Oscar Ramos are skeptical about Shiba Inu achieving this target.
Ramos argues that with the current circulating supply of 589 trillion, Shiba Inu’s price is unlikely to exceed $0.01, due to the implications of reaching this target on its market capitalization. While there are ongoing attempts to decrease Shiba Inu’s supply, the rate of coin burns suggests it could take an exceedingly long time to reduce it to a more manageable level.
Even though the elimination of three zeros from the Shiba Inu price seems highly unlikely, analyst Ali Martinez is more optimistic, forecasting a significant price surge to reach $0.011. Another analyst, Armando Pantoja, has estimated SHIB could rise to $0.001 during this market cycle.
XRP Price Forecast of $200
Smile is not alone in predicting that XRP could hit $200. Crypto analyst Javon Marks has also projected that XRP might reach this price if certain market conditions, known as Full Logarithmic Follow-Through, materialize. Meanwhile, analysts like Crypto Tank have suggested that XRP could achieve a three-digit price if it commands 10% of the daily transaction volume managed by SWIFT.
JackTheRippler has also forecasted that XRP could reach at least $100 following the conclusion of the SEC lawsuit against Ripple. This lawsuit is expected to wrap up by October 7, provided neither side appeals the outcome by the deadline of October 6.