Reaching $1 for Shiba Inu ($SHIBA) in the next 40 days is highly unlikely based on several key factors. As of January 25, 2025, SHIB is priced around $0.00001994, and for it to hit $1, the market capitalization would soar to $589 trillion, vastly exceeding the total global asset value.
The Shiba Inu ecosystem has implemented a burning mechanism through Shibarium, aimed at reducing the supply, but the current burn rate won't significantly affect the massive circulating supply in such a short period. Even with bullish patterns observed, price targets remain much lower than $1.
Given the required market cap, token supply, and limited effect of burns, it is virtually impossible for SHIB to reach $1 within 40 days. Investors should stay cautious and rely on realistic market assessments rather than speculative predictions. #Shibalnu #BinanceAlphaAlert $SHIB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
