Is $1 a Pipe Dream for Shiba Inu? Community Weighs In
The crypto community is aligning with Jeremie’s realistic take lethe idea of SHIB reaching $1 seems more like a fantasy than a future goal. While many investors still hold hope, the numbers paint a much harder truth.
One major obstacle? Circulating supply. Even after burning over 410.7 trillion SHIB tokens the total supply remains enormous. As of April 2025 589.5 trillion SHIB are still in circulation. Despite daily burns the number remains far too high for SHIB to hit the $1 mark without a miracle.
Jeremie explains it clearly For Shiba Inu to reach $1 its market cap would need to skyrocket to nearly $600 trillion a valuation over 600 times greater than Bitcoin’s entire market cap, which currently stands at around $1.66 trillion.
For perspective
Bitcoin $1.66 trillion
Gold market cap $14 trillion
Entire crypto market $2.5 trillion
SHIB at $1? Would require $600 trillion
Such a number isn’t just ambitious it’s unrealistic with today’s financial infrastructure.
Unless there’s a revolutionary reduction in supply or an unforeseen shift in global economics the dream of $1 per SHIB remains distant.
Still the community remains engaged proposing new burning mechanisms and holding onto hopbecause in crypto anything can happen.
#SHİB #CryptoRealTalk #BTCRebound #MarketReality #TokenBurning $SHIB $BTC $XRP