$SHIB

SHIB to #OneDollar ?!

As of July 23, 2025, Shiba Inu (SHIB) is trading at approximately $0.00001523 per token. Given its current supply of around 589.5 trillion tokens, reaching a price of $1 per token would necessitate a market capitalization of $589.5 trillion—significantly surpassing the total global wealth, which stood at $454 trillion in 2022 .  

While the Shiba Inu community has initiated token burn mechanisms to reduce supply, the current burn rate is insufficient to make a meaningful impact. For instance, in March 2025, the burn rate increased by 8,470%, removing nearly 1 billion SHIB tokens in a single day. However, this still represents a tiny fraction of the total supply .  

Analysts from reputable sources such as The Motley Fool and Nasdaq have expressed skepticism about SHIB’s potential to reach $1, citing the immense supply and lack of substantial real-world utility . 

In summary, while Shiba Inu has experienced significant price increases in the past, the current supply and market dynamics make a $1 valuation highly improbable in the foreseeable future.