To reach the ambitious $1 milestone, $SHIB Inu must clear a significant obstacle: its massive circulating supply. Currently, with around 589 trillion tokens in circulation, achieving a value of $1 per SHIB would require a market cap of $589 trillion—a figure that is far from feasible.
For Shiba Inu to reach such a price, over 99% of its circulating supply would need to be burned. If the community and ecosystem team manage to burn 99.83% of $SHIB, this would reduce the total supply to just 1 trillion tokens. Under these circumstances, Shiba Inu could achieve a market cap of $1 trillion, just slightly below Bitcoin’s current valuation.
While a market cap of this magnitude is theoretically possible for Shiba Inu, the likelihood of it happening remains extremely low. The scale of token burn required is enormous, making this scenario highly unlikely.