$SHIB When will SHIB reach $1?

The Shiba Inu coin (SHIB) reaching the milestone of $1 is an ambitious and almost unattainable goal in the near future. For SHIB to reach $1, its market capitalization would need to exceed $589 trillion, significantly larger than leading cryptocurrencies like Bitcoin and Ethereum.

The excessively large supply of SHIB is one of the main barriers that make it difficult for this coin to reach this price point. Currently, the price of SHIB is around $0.000022, and to reach a price of $1, it would need to grow by approximately 4,545,455%.

Experts predict that the price of SHIB will increase significantly in 2024, but there are no accurate forecasts regarding whether SHIB will reach $1. Instead, some predictions suggest that the price of SHIB could reach $0.000025 by the end of 2024.

In summary, SHIB reaching $1 is unrealistic in the near future due to the excessively large supply and the high market capitalization required.