Bitcoin (BTC) reaching US$ 1 million is a scenario that could revolutionize the crypto market. With ETFs driving institutional adoption and a bull market, the effects could extend to memecoins like Shiba Inu (SHIB), which already has an active burning mechanism and plans for integration into decentralized finance (DeFi).
But how much could SHIB be worth in this context? Let's analyze moderate and optimistic scenarios.
General Market Context
If BTC reaches US$ 1 million, it is likely that the entire crypto market is undergoing massive appreciation. Bitcoin would dominate a large part of the liquidity, but other cryptocurrencies, especially those with strong communities and active development, could also capture value.
Shiba Inu would benefit from the following:
✅ Greater adoption of crypto assets by institutional investors
✅ Higher demand for lower market cap assets
✅ Expansion of its utility within the SHIB ecosystem: Shibarium, staking, and DeFi
✅ Increase in token burn, reducing the circulating supply
Moderate Scenario
BTC: US$ 1 million
Crypto market capitalization: US$ 30 to 40 trillion
SHIB: market capitalization between US$ 100 billion and US$ 200 billion
Estimated SHIB price: US$ 0.001 to US$ 0.002.
In this case, the token burning would have a gradual impact, while the increase in demand for alternative cryptocurrencies would push the price of SHIB to a level between 10x and 20x above the current value.
Optimistic Scenario
BTC: US$ 1 million
Crypto market capitalization: US$ 50 trillion or more
SHIB: market capitalization over US$ 500 billion
Aggressive reduction of circulating supply due to massive burning
Estimated SHIB price: US$ 0.01 to US$ 0.02.
If SHIB manages a strong burning program coupled with greater adoption within DeFi, it could achieve exponential growth. Massive burning, combined with the expansion of its network, could drive the asset.
