Shiba Inu reaching $1 is currently considered unlikely for several reasons. One of the main reasons is the very large supply of the coin, with trillions of Shiba coins in circulation. If Shiba Inu reached $1, its market cap would be very large, making it exceed the value of major companies and large financial markets, which is unrealistic based on current circumstances. However, there are factors that could cause its value to rise, such as coin burning (reducing the circulating supply), new developments in the project, or strong support from the community and investors. But reaching $1 would require massive changes in supply and demand. However, there are factors that could cause its value to rise, such as coin burning (reducing the circulating supply), new developments in the project, or strong support from the community and investors. But reaching $1 would require massive changes in supply and demand.