Tayyab Saeed Ch
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Can $SHIB hit 1$?
Shiba Inu (SHIB) hitting $1 is highly unlikely due to its massive circulating supply of 589 trillion tokens. If SHIB were to reach $1, its market capitalization would be approximately $589 trillion, which is theoretically impossible considering the global GDP is around $100 trillion ¹.
The only way SHIB could potentially reach $1 is if its circulating supply decreases substantially through a token burn program. However, even if the community continues to burn tokens at the current pace, it would take over 1,437 years to burn enough tokens to reach $1 ².
Some predictions suggest that SHIB might reach 1 cent in the future, but even that is uncertain. The CoinCodex price algorithm forecasts that SHIB could increase by over 223% by the end of 2025, but that still wouldn't bring it close to $1 ¹.
At the end, while it's not impossible for SHIB to hit $1, it's extremely unlikely due to its massive supply and the sheer scale of token burning required to reach that price points
$SHIB
Shiba Inu (SHIB) hitting $1 is highly unlikely due to its massive circulating supply of 589 trillion tokens. If SHIB were to reach $1, its market capitalization would be approximately $589 trillion, which is theoretically impossible considering the global GDP is around $100 trillion ¹.
The only way SHIB could potentially reach $1 is if its circulating supply decreases substantially through a token burn program. However, even if the community continues to burn tokens at the current pace, it would take over 1,437 years to burn enough tokens to reach $1 ².
Some predictions suggest that SHIB might reach 1 cent in the future, but even that is uncertain. The CoinCodex price algorithm forecasts that SHIB could increase by over 223% by the end of 2025, but that still wouldn't bring it close to $1 ¹.
At the end, while it's not impossible for SHIB to hit $1, it's extremely unlikely due to its massive supply and the sheer scale of token burning required to reach that price points
$SHIB
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