Shiba Inu (SHIB) could eliminate another zero from its price if it mirrors Bitcoin’s potential surge to Ark Invest’s bullish target of $2.4 million. With an 82% 30-day correlation to Bitcoin, SHIB’s price trajectory is heavily influenced by BTC’s movements. This analysis explores SHIB’s hypothetical price under this scenario, key factors driving Bitcoin’s growth, and expert timelines for SHIB’s ascent.
Bitcoin’s $2.4 Million Target: Ark Invest’s 2030 Forecast
Ark Invest recently updated its Bitcoin price prediction, projecting three potential scenarios for 2030:
- Bear Case: $500,000 (428% increase from current price)
- Base Case: $1.2 million (1,167% increase)
- Bull Case: $2.4 million (2,434% increase)
Catalysts for Bitcoin’s Growth
- Institutional adoption via spot BTC ETFs
- Inflation hedging and store of value demand
- Nation-state and corporate treasury adoption
👉 Why Bitcoin’s ETF inflows could trigger a mega rally
Shiba Inu’s Potential Price at Bitcoin’s $2.4 Million Peak
If SHIB grows proportionally to Bitcoin’s 2,434% surge:
- Current SHIB Price: $0.00001475
- Projected Price: $0.0003737
- Market Cap: $220.2 billion (assuming unchanged supply)
Investment Impact
- 100 million SHIB ($1,475 today)** → **$37,370 at $0.0003737.
When Could SHIB Reach $0.00037?
| Source | Projected Timeline |
|---|---|
| Ark Invest | 2030 (bull case) |
| Changelly | January 2033 |
| Telegaon | 2029 |
👉 Shiba Inu’s historical outperformance of Bitcoin
Key Considerations
- Volatility: Crypto markets are unpredictable.
- SHIB’s Outperformance: SHIB often rallies harder than BTC during bullish cycles (e.g., +5.78% vs. BTC’s +1.89% in 24 hours).
- Supply Dynamics: SHIB’s circulating supply and burns could influence long-term pricing.
FAQ
1. How reliable is Ark Invest’s Bitcoin prediction?
Ark’s forecasts are based on institutional adoption trends but remain speculative. Past predictions have seen mixed accuracy.
2. Could SHIB hit $0.00037 before 2030?
Yes, if meme coin hype cycles return or SHIB utility expands (e.g., Shibarium adoption).
3. What risks could derail this projection?
Regulatory crackdowns, macroeconomic downturns, or loss of investor interest in meme coins.
4. Should I invest in SHIB based on this analysis?
Always conduct independent research and diversify investments. Crypto assets carry high risk.
Disclaimer: This content is for informational purposes only and not financial advice. Cryptocurrency investments are volatile and speculative. The Crypto Basic is not liable for any financial losses.
### SEO Keywords:
- Shiba Inu price prediction
- Bitcoin $2.4 million target
- SHIB correlation with Bitcoin
- Ark Invest BTC forecast
- SHIB 2030 price projection