Will Shiba Inu reach 1 cent?

It is unlikely that Shiba Inu (SHIB) will reach a price of $0.01 (1 cent) during the current bull run or in the near future, due to the massive supply of the token and related economic constraints.

Main Challenges to Reaching 1 Cent

Massive Supply:

There are currently around 589 trillion SHIB tokens in circulation. If the price were to reach 1 cent, the total market capitalization would be approximately $5.89 trillion — a figure that far exceeds the market cap of most global assets, making it unrealistic under current conditions (coincodex.com).

The Need for Major Token Burns:

To achieve significant price increases, the circulating supply must be drastically reduced through token burn programs. Although the Shibarium project contributes to token burning, its current impact remains limited (coincodex.com).

Future Predictions

Forecasts suggest that SHIB might reach prices between $0.00005 and $0.00007 by 2025, with the potential to reach $0.0003 by 2030 in the best-case scenarios (changelly.com).

Conclusion

While SHIB remains a popular token among cryptocurrency investors, reaching 1 cent would require drastic changes in supply, demand, widespread adoption, and expanded real-world utility. At present, this goal seems out of reach, and investors should exercise caution and conduct their own research before making investment decisions.