Can #SHİB reach 1 dollar?
Every time I see this question, there are those who answer that it is not possible because it would have to have such and such a market capitalization... But capitalization is nothing more than the multiplication of the number of tokens in circulation by their price. This already tells us that if the price increases by keeping the number of tokens constant, its capitalization also increases.
I think the real question is: when?
In May 2010, when the first transaction was made with #BTC, its price was $0.04. Even if all 21 million tokens were on the market, their capitalization would have been 840k. Not even the craziest of the crazy would have dared to predict that, one day, 11 years later, #BTC would be trading at 66k!
The price goes down or up depending on the market law of "supply and demand", and also in this case, its scarcity. On the contrary, capitalization is the subsequent calculation and not the reason why it goes up or down.
In conclusion, the answer to the initial question is a resounding YES. What we don't know is when it will reach this value, but someday it will.