Can Shiba Inu (SHIB) Reach $1? Here’s the Simple Math
Many Shiba Inu fans dream of SHIB hitting $1 someday. But let’s break it down with simple math to understand if that's really possible by, say, the year 2030.
As of now, SHIB has a total supply of around 589 trillion coins. That’s 589,000,000,000,000 coins!
To reach $1 per coin, SHIB would need a total market value (called market cap) of $589 trillion—which is more than the value of all the money and companies in the world combined. That’s just not realistic.
So, to make the price go up without needing a massive market cap, SHIB would have to burn coins—which means removing them permanently from circulation.
So, how many coins need to be burned?
Let’s say we want SHIB to hit $1 by 2030, and we want the total supply to be small enough to make it possible. A realistic market cap for SHIB might be around $100 billion (similar to top cryptos like Ethereum).
To make that work:
$100 billion / $1 per coin = 100 billion coins
That means we’d need to burn 588.9 trillion coins
From now (mid-2025) to 2030, that’s about 5.5 years, or 2,000 days.
588.9 trillion ÷ 2,000 days = 294.45 billion coins burned per day
Burning nearly 300 billion coins every single day is nearly impossible unless massive changes are made. So while SHIB might rise in value, $1 is a far stretch. It’s better to stay realistic and understand how supply and demand affect price.
Stop dreaming—start learning.