The Shiba Inu (SHIB) currency is considered one of the "meme" cryptocurrencies like Dogecoin. Although it has gained significant popularity, the predictions about it reaching 1 dollar are unrealistic at the moment for mathematical, economic, and technical reasons. Let me explain in detail:
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🔍 First: Digital Facts about SHIB
Total Supply:
Approximately 589 trillion SHIB (after the burns that occurred).
Current Price (June 2025):
Approximately $0.00002$ to $0.00003.
Market Cap (based on this price):
Around $11-17 billion.
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❓ What does it mean if SHIB reaches 1 dollar?
If the price of Shiba Inu reaches 1 dollar with the current supply, the market cap would be:
1 dollar × 589 trillion = 589 trillion dollars!
🔴 This is an utterly unreasonable figure because:
The total global GDP is approximately only 100 trillion dollars.
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