The Shiba Inu coin ($SHIB ) reaching 1 dollar is considered nearly impossible from a mathematical and economic standpoint in the current situation, and here are the reasons clearly and simply:
🔍 1. Massive total supply
• The number of Shiba coins exceeds 589 trillion coins (after burning).
• If the coin reaches 1 dollar, the market value would become:
> 589 trillion × 1 = 589 trillion dollars!
💡 For comparison: the global market value of gold is less than 15 trillion dollars, and Bitcoin is currently less than 1.5 trillion.
🔥 2. Burning is still insufficient
• The community is trying to burn coins to reduce supply and increase price, but the current burning rate is very slow.
• To reach realistic numbers like 0.01 or 0.1 dollars, we need to burn over 99.999% of the supply.
📉 3. Use and application
• SHIB currently relies more on community hype than real adoption or strong projects supporting the price.
• Projects like Shibarium and SHIB: The Metaverse are trying to increase utility, but have not made a significant difference so far.
✅ Could it reach other lower prices?
• 0.0001 dollars: ✅ Possible if the cryptocurrency market rises (Bull Market).
• 0.001 dollars: ⚠️ Possible in the long term with strong burning and real adoption.
• 0.01 dollars or 0.1 dollars: 🔥 requires massive supply reduction + huge wave of global investment.
🔚 Summary
❌ One dollar? Impossible under current circumstances.
✅ Prices like 0.0001 or 0.001 are possible, but require time, patience, and massive burning.
