Earlier this month, Galaxy Digital CEO Mike Novogratz predicted that Bitcoin could hit $1 million. This is due to rising . If this bold forecast comes true, the global crypto market cap could expand from $3.29 trillion to $30.63 trillion. It would be an increase of 831%.
Currently, SHIB holds a 0.20% share of the total crypto market. If that share remains constant and the total market cap jumps to $30.63 trillion, SHIB’s would rise to $61.26 billion. With a circulating supply of approximately 589.24 trillion tokens, this would mean a potential 10x increase from current Shiba Inu price levels.
