$SHIB Inu ($SHIB ) Reaching $1: An Unlikely Scenario
As of March 3, 2025, #SHIB #trades at approximately $0.000015. To reach $1, its value would need to increase by over 6.6 million times.
Given its massive circulating supply (589 trillion tokens) and market capitalization ($8.93 billion), a $1 valuation would require a market capitalization of $589 trillion, exceeding 500 times the current global GDP.
While token burns could reduce supply and increase price, the scale required to approach a $1 valuation is unrealistic. Investors should approach such projections with caution and base decisions on realistic market analyses.