Crypto analyst Smile has made an ultra-bullish price prediction for Dogecoin (DOGE), Shiba Inu (SHIB)and XRP, indicating that they will reach $25, $0.05, and $200, respectively. The analyst also provided a timeline for when these coins will reach these price targets.
When will Dogecoin, Shiba Inu, and XRP hit these price targets?
Smile indicated in an X post that DogecoinShiba Inu and XRP will reach these price targets by 2025. Although they have not given a specific date or time period in 2025, it is believed that they will be at the top of this bullfightthat analysts like Rekt Capital will have 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 crypto analysts as Kevin Capital (formerly OG Yomi) was that Dogecoin May Reach $1 in this market cycle. Kevin Capital even predicted that the leading meme coin could hit $3 in this bull run based on its historical trend. However, the possibility of DOGE hitting double digits in this cycle has provided a more bullish outlook for the leading meme coin.
Shiba Inu Price Prediction $0.05
The prediction that Shiba Inu will remove three zeros from its current price and reach $0.05 is also interesting. This is one of the most optimistic price predictions for the second-largest meme coin. However, analysts like Oscar Ramos doesn’t believe it Shiba Inu can reach this price target.
He said that Shiba Inu price cannot exceed $0.01 due to its current circulating supply of 589 trillion. The supply of the meme coin hampers its price, considering the value of its market cap if it hits this price target. In the meantime, although there has been conscious effort to reduce the circulation of the Shiba Inu, the Meme Coin Burn Rates indicates that it may take hundreds of years before this level can be reduced to a substantial level.
While removing three zeros from Shiba Inu by its current price seems nearly impossible, crypto analyst Ali Martinez believes it can happen. Earlier this year, the analyst predicted that the meme currency could see another historic rise and reach $0.011. Crypto analyst Armando Pantoja predicted that SHIB could reach $0.001 in this market cycle.
XRP Price Prediction at $200
Smile isn’t the first analyst to predict that XRP could hit $200. Crypto analyst Javon Marks has also previously predicted that XRP will reach this price target if a full logarithmic follow-through occurs. Meanwhile, other analysts like Crypto Tank suggested that the price of XRP could reach triple digits if it captured 10% of daily transactions processed by SWIFT.
Jack the Evaporator also predicted XRP could reach at least $100 once the SEC’s lawsuit against Ripple is over. The trial could end on October 7 if there is no appeal from both parties by the end of the October 6 deadline.
Featured image created with Dall.E, chart by Tradingview.com
