While Shiba Inu (SHIB) has gained significant popularity and experienced remarkable price surges in the past, it’s highly unlikely for the coin to reach $1, especially in the short-term, given its current circulating supply and the resulting market capitalization required to reach that price point.
Here’s why:
- Massive Circulating Supply: SHIB has an extremely large circulating supply of 589.25 trillion tokens.
- Implausible Market Cap: If the price of SHIB were to reach $1 with this current supply, its market capitalization would be a staggering $589.25 trillion. This figure is considerably higher than the combined market cap of all companies in the S&P 500, which is approximately $47.5 trillion as of July 2025, and nearly 20 times the annual output of the US economy.
- Token Burns: While the Shiba Inu community is actively engaged in burning tokens to reduce the supply, the current burn rate is not enough to significantly impact the price in the near future. Some sources suggest it would take thousands of years to burn enough tokens to reach $1 at the current pace.
- Meme Coin Hype Cycles: Shiba Inu, like other meme coins, is heavily influenced by hype cycles which are unpredictable.
What might be a more realistic outcome?
- Some predictions suggest SHIB could reach the 1 cent threshold by 2050. This would still require a substantial increase from its current price.
- Expert analysis anticipates that the SHIB price could potentially reach $0.00015289 by the end of the decade, assuming continued growth and development within the Shiba Inu ecosystem.
Important Note: It’s crucial to remember that cryptocurrency markets are highly volatile and speculative. Investing in Shiba Inu or any other cryptocurrency carries inherent risks, including the potential for significant losses. It’s vital to conduct thorough research, understand the risks involved, and consider your own financial situation and risk tolerance before making any investment decisions.
Will Shiba Inu ever hit 1 dollar?
It’s not realistic for Shiba Inu to reach $1 per token at the current supply. However, the network is trying to improve the situation. Shiba Inu is in the process of burning coins.