As of the morning of July 16, 2025, the total market capitalization of the global cryptocurrency market has surpassed 3.8 trillion USD. Although this is a huge number, the industry still faces considerable skepticism. Many scams continue, and the actual utility of crypto in life is still being questioned.

However, there are still some tokens that stand out due to attracting a loyal and enthusiastic user community. Shiba Inu (SHIB) is one of them. Although it is currently trading 84% lower than its peak, since its launch in 2020, SHIB has still provided massive returns for high-risk investors.

With that growth momentum, can SHIB reach the price of 1 USD per token by 2030?

1. The Glow from Speculation and Hype

The price history of Shiba Inu is like a roller coaster - there are continuous explosive price increases in a short time, followed by significant declines. In October 2021, SHIB peaked during the bull run. Similarly, two more strong price increases occurred in 2024 - but were quickly met with a 'cold shower' from the market.

This shows that SHIB's price is heavily influenced by speculative cycles and market sentiment, rather than based on fundamental factors or practical utility. Investors who know how to 'stay ahead of the crowd' and exit at the right time can profit, but this is nearly impossible to achieve consistently without an extremely large element of luck.

2. The Road to 1 USD - Unrealistic at Present

As of now, SHIB is trading around 0.0000139 USD. To reach 1 USD by 2030, the token price needs to increase more than 72,000 times - equivalent to a compound annual growth rate (CAGR) of up to 836%.

In comparison, Bitcoin - the largest digital asset in the world - only increased by an average of 67% per year over the last 5 years, and that was a 'terrible' performance.

Additionally, with a circulating supply of 590 trillion SHIB tokens, if the price reaches 1 USD, the total market capitalization would be... 590 trillion USD - nearly 20 times the annual GDP of the US (30 trillion USD), and more than 100 times the market capitalization of the largest corporations in the world like Nvidia or Apple.

=> Clearly, with the current supply, SHIB cannot reach 1 USD without a fundamental change in the supply-demand mechanism.

3. Can the Token Burn Mechanism Save SHIB?

Shiba Inu is implementing a token burn mechanism - that is, permanently removing a portion of SHIB from circulation - to reduce supply and create scarcity.

However, the reality shows that this rate is incredibly slow: only about 180,000 tokens are burned each day. At this rate, it would take centuries to create a significant impact on the total supply.

Even if the token burn process were more effective, it does not guarantee that the actual value of the SHIB network will increase. The price may be higher nominally, but if the total supply decreases sharply, the number of tokens held by investors will also decrease - the total assets will not change significantly.

4. SHIB Can 'Survive', But It’s Hard to Bounce Back

The fact that SHIB's price is still 84% lower than its former peak shows that market interest is declining. SHIB may continue to exist and have sudden price surges, but without building real practical application value, this token will merely be 'on life support' thanks to the community.

Shiba Inu developers have introduced several products such as:

  • Shibarium - a layer-2 solution to reduce transaction fees;

  • ShibaSwap - a decentralized exchange;

  • SHIB: The Metaverse - a virtual world with immersive experiences.

However, the actual application level and user base of these products are still very limited and cannot compete with other platforms like Ethereum, Solana, or major DEXs like Uniswap.

5. Conclusion: SHIB is Only for High Speculators, Not for Long-Term Investors

With a massive supply, slow token burn rate, and unclear application value, reaching 1 USD for SHIB is impossible without a major overhaul or a historical FOMO wave.

For long-term investors seeking stability and real growth potential in the crypto space, Bitcoin remains a safer and more solid choice.

Shiba Inu may continue to 'survive' thanks to the community and short-term speculative cycles, but to 'change lives' from SHIB, remember: a billion-dollar dream requires more than just luck and hype.