Three Reasons Why Shiba Inu ($SHIB ) Will Never Reach $1!
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Despite the market potentially recovering in 2025, Shiba Inu (SHIB) still struggles to break the $1 barrier. Although SHIB has recently bounced back, it faces three major challenges that make this goal nearly unattainable.
1. Extreme Growth Required
To reach $1, Shiba Inu's price must increase by 4,136,028%. This level of increase is unprecedented in history and nearly impossible to achieve. Even the most successful cryptocurrencies have never experienced such drastic growth.
2. Rise of New Competitors
With the popularity of new meme coins like PEPE and BONK, Shiba Inu's market appeal has diminished. As an older currency, its prospects in future bull markets remain uncertain, increasing the difficulty for Shiba Inu to break the $1 mark.
3. Unsustainable Market Cap
If Shiba Inu's price reaches $1, its market cap would soar to $589 trillion, approximately 22 times the GDP of the United States, which is clearly unrealistic. This valuation makes Shiba Inu's long-term potential extremely unsustainable.
Conclusion
Considering the extreme growth required and the infeasibility of the market cap, it is nearly impossible for Shiba Inu's price to break $1. There may be fluctuations in the short term, but in the long run, the $1 target is clearly unrealistic.
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