Can Dogecoin or Shiba Inu Reach $10? Let's Break It Down

Dogecoin: A Long Shot

• Circulating Supply: ~161.6 billion DOGE
• Total Value at $10: ~$1.62 trillion
• Annual New Supply: ~5 billion DOGE

For Dogecoin to hit $10, it would need:

• Widespread real-world adoption
• Support from major investors
• A growing digital asset market

Even in the best-case scenarios, a $10 Dogecoin is seen as a long shot.

Shiba Inu: An Even Bigger Challenge

• Circulating Supply: ~589 trillion SHIB
• Total Value at $10: ~$5.89 quadrillion
• Global Stock Market Value: ~$126 trillion

For Shiba Inu to hit $10, it would need:

• A reduction in supply by more than 99.999%
• No current plans for such a reduction exist

Key Considerations

• Low coin prices can be misleading due to huge supply.
• Dogecoin has a stronger community and has shown higher price potential.
• Both cryptocurrencies can still increase in value with more trading.

Based on the current situation, only Dogecoin has a realistic chance of reaching higher prices.