Can we expect a $SHIBA $1 within the next forty days? Shiba Inu (SHIB) is selling at about $0.00001994 as of January 25, 2025. It is unrealistic to expect SHIB to hit $1 in the next 40 days for a number of reasons. Market Capitalisation and Token Supply: There are roughly 589 trillion SHIB tokens in circulation. The market capitalisation, at $1 per token, would be $589 trillion, significantly more than the entire value of all assets in the world put together. Because of this, such a valuation is impossible. Token Burn Mechanisms: The Shibarium layer 2 solution, which was introduced by the Shiba Inu ecosystem, attempts to decrease the token supply by means of a burning mechanism. But the present burn rate is not high enough to have a substantial effect on the enormous amount of flowing.