Cryptocurrency analyst Smile has made an extremely hopeful price forecast Dogecoin (DOGE), Shiba Inu (SHIB)and XRP, stating that they will reach $25, $0.05, and $200, respectively. The analyst also provided a timeline for when the coins will reach these price targets.
When will Dogecoin, Shiba Inu and XRP reach these target prices
Smile pointed out in X’s post that DogecoinShiba Inu and XRP will reach these price targets by 2025. Although they did not provide a specific date or period in 2025, it is believed that this will be the peak period this running of the bullswhat analysts like Rekt Capital will be in September or October 2025. This price prediction is undoubtedly eye-catching considering the current prices of Dogecoin, Shiba Inu, and XRP.
So far, the consensus among cryptocurrency analysts is favorable Kevin Capital (formerly OG Yomi) that was it Dogecoin may reach $1 in this market cycle. Kevin Capital even predicted that the main meme coin could go as high as $3 in this bull trend, given its historical trend. However, the possibility of DOGE reaching double digits this cycle has provided a more bullish outlook for the premier meme coin.
The expected price of Shiba Inu is USD 0.05
Also compelling is the prediction that Shiba Inu will remove three zeros from its current price and reach $0.05. This is one of the most hopeful price predictions for the second largest meme coin. However, analysts like it Oscar Ramos doesn’t believe it The Shiba Inu can achieve this target price.
He stated that the Shiba Inu price cannot exceed $0.01 due to the current circulating supply of 589 trillion. The supply of a meme coin reduces its price given what its market capitalization will be if it reaches this target price. Meanwhile, although it happened conscious effort to limit the circulation of the Shiba Inu, meme burn rate indicates that it may take hundreds of years before it can be reduced to a significant amount.
While it seems almost impossible to remove three zeros from its current Shiba Inu price, cryptocurrency analyst Ali Martinez believes it is possible. At the beginning of the year, an analyst predicted that the meme coin could enjoy another historic run and rise as high as $0.011. Crypto analyst Armando Pantoja predicted that SHIB could reach $0.001 this market cycle.
XRP price forecast at $200
Smile is not the first analyst to predict that XRP could reach $200. Cryptocurrency analyst Javon Marks did this as well previously predicted that XRP will reach this target price if a full logarithmic transition occurs. Meanwhile, other analysts like it He suggested Crypto Tank that the price of XRP could reach triple digits if it captures 10% of daily transactions handled by SWIFT.
JackTheRippler also predicted that XRP could surge to at least $100 after the SEC Ripple lawsuit ends. The lawsuit may end by October 7 if both parties do not file an appeal by the deadline of October 6.
Featured image created with Dall.E, chart from Tradingview.com