Will SHIB Ever Hit $1?
Short answer: No — it's practically impossible under current conditions.
1. Mathematical Impossibility
Shiba Inu has about 589 trillion tokens in circulation .
At $1, that implies a $589 trillion market cap—far beyond global economic scales (global crypto market is ~$2–3 trillion; global GDP ~ $100 trillion) .
Analysts state it would need a 600,000x price increase or a 600‑trillion‑dollar market cap to reach $1 .
2. Supply Reduction via Burns
Even burning 99.998% of the supply (leaving 10 billion tokens) still requires unrealistic market caps. Current burn rates (~1–3 billion tokens/year) mean it’d take thousands to tens of thousands of years to get close .
Dramatic and sustained burns at high levels still only move the needle marginally.
3. Expert and Community Consensus
Most analysts agree—there’s no realistic path to $1 .