DESPITE THE OPTIMISM AROUND THE SHIB, SEVERAL FACTORS SUGGEST THAT REACHING $1 BY 2024 MAY BE AN IMPOSSIBLE GOAL. One of the main impediments is the total supply of 589 quadrillion tokens, reaching the price of $1 would require an unprecedented market capitalization. The GDP of the global economy is 100 trillion dollars, such a feat seems implausible. SHIB price will likely be $0.002 OR 0.005 and BTC will likely be $201,000 OR $220,000.