For Shiba Inu (SHIB) to reach $1, it would require a significant increase in its market cap, which currently stands at billions of dollars.
Here are some factors to consider:
Market Cap: For SHIB to reach $1, its market cap would need to be in the trillions of dollars, which is more than the current market cap of most cryptocurrencies.
Supply: SHIB$ has a very large supply (in the trillions), meaning that even if the token’s price were to rise significantly, its total market cap would be enormous.