- 79% of finance experts believe SHIB will never surpass DOGE in market cap, mainly due to its massive token supply compared to Dogecoin’s.
- SHIB would need a 240% price increase just to match DOGE’s current valuation, assuming supply and DOGE’s price stay the same.
- Whale activity is ramping up, with SHIB trade volume more than doubling in 24 hours — hinting that large holders may be positioning for a potential move.
Is Shiba Inu ever going to overtake Dogecoin? According to a recent poll, probably not — at least if you ask the experts. The team over at Finder ran a survey with 14 finance professionals, asking them point blank whether SHIB could someday pass DOGE in market cap.
The answer? Not looking great for SHIB fans.
Poll Says: Nope, Not Happening
Out of the 14 experts polled, 79% said flat-out no — they don’t think Shiba Inu will ever flip Dogecoin. Just 7% were optimistic, saying it could happen, maybe, by 2026. The remaining 14% weren’t sure — which is honestly the nicest way of saying “we doubt it, but hey, crypto’s weird.”
The overall vibe? SHIB’s got fans, but not a lot of believers when it comes to taking Dogecoin’s crown.

Token Supply: SHIB’s Biggest Roadblock?
One of the big reasons SHIB keeps getting counted out is its massive supply. Dr. Sathvik Vishwanath from Unocoin pointed this out — and it’s a pretty tough stat to argue with.
Right now:
- SHIB has 589.25 trillion tokens in circulation.
- DOGE? Just 148.82 billion.
Even with strong community backing and solid tokenomics, that insane supply difference makes it hard for SHIB to catch up in market cap.
By the Numbers: DOGE Still Miles Ahead
As it stands, Dogecoin sits comfortably at #8 among cryptos, with a market cap around $24.6 billion. Meanwhile, Shiba Inu is in 17th place, valued at about $7.3 billion.
For SHIB to match DOGE — assuming prices hold steady and circulating supply stays the same — we’re talking a 240% gain just to even things out. Not impossible, but… yeah, that’s a pretty steep hill to climb.

Whale Activity Tells a Different Story
Interestingly, while the experts are mostly doubtful, some on-chain data tells a slightly different tale. According to IntoTheBlock, SHIB whales have been waking up lately. A lot.
On April 14, daily trade volume for SHIB exploded — 224 billion tokens traded, up from 96 billion the day before. That kind of jump in large-holder activity usually isn’t random. Whales don’t make moves without a reason. Could be they’re expecting something.
Maybe it’s just positioning. Maybe it’s confidence returning. Or maybe… they’re preparing for another surprise run?
SHIB vs DOGE: It’s Not the First Battle
Let’s not forget — back in 2021, Shiba Inu actually did overtake Dogecoin. Briefly. SHIB’s market cap surged to $39 billion, beating DOGE — but the flip didn’t last long. DOGE came back and reclaimed its spot as king of the meme coins. Classic comeback.
So will it happen again? Hard to say. Experts aren’t betting on it, but the whales might be. And in crypto, sometimes the charts don’t matter as much as who’s buying behind the scene