{"id":1238,"date":"2024-10-16T17:32:34","date_gmt":"2024-10-16T17:32:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1238"},"modified":"2024-10-16T17:32:34","modified_gmt":"2024-10-16T17:32:34","slug":"dogecoin-shiba-inu-reached-multi-billion-dollar-valuations-in-months-that-took-regular-companies-decades-study-finds","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1238","title":{"rendered":"Dogecoin, Shiba Inu, Reached Multi-Billion Dollar Valuations In Months That Took Regular Companies Decades, Study Finds"},"content":{"rendered":"<div>\n<p>A new study has highlighted how meme coins have achieved billion-dollar valuations at a pace that <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/04\/38312370\/meme-coins-and-the-bitcoin-rollercoaster-a-match-made-in-mania\">far outstrips traditional Nasdaq-listed companies<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>The <a href=\"https:\/\/socialcapitalmarkets.net\/crypto-trading\/memecoin-market-trend\/\">report<\/a> reveals that while many established corporations took 25-35 years to reach billion-dollar valuations, meme coins like <strong>Shiba Inu<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) and <strong>Pepe <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">PEPE<\/a>) managed to hit these milestones within months, reshaping conversations around value creation in modern financial markets.<\/p>\n<p>The report, by <strong>Social Capital Markets<\/strong>, details  the sheer speed of growth among meme coins compared to their corporate counterparts. <\/p>\n<p><strong>Dogecoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>), a cryptocurrency born as a joke in 2013, reached a $17 billion market cap within eight years with a team of around 12 members. <\/p>\n<p>This valuation rivals that of <strong>Nutanix Inc.<\/strong>, a cloud computing firm that required 15 years and a workforce of 6,000 employees to reach a comparable market cap.<\/p>\n<p>Even more extreme examples include Shiba Inu, which reached $10.8 billion in just one year, matching the valuation of <strong>NICE Ltd.<\/strong>, an IT &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41364190\/dogecoin-shiba-inu-reached-multi-billion-dollar-valuations-in-months-that-took-regular-com\" alt=\"Dogecoin,\" shiba inu reached multi-billion dollar valuations in months that took regular companies decades study finds>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A new study has highlighted how meme coins have achieved billion-dollar valuations at a pace that far outstrips traditional Nasdaq-listed companies. What Happened: The report reveals that while many established corporations took 25-35 years to reach billion-dollar valuations, meme coins like Shiba Inu (CRYPTO: SHIB) and Pepe (CRYPTO: PEPE) managed to hit these milestones within [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1238","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1238"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1238\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}