A new analysis of a Bitcoin analyst has thrown cold water on the possibility of The Shiba Inu price hits $ 1 mark. Analysts dismissed the idea and indicates that it is very unlikely, if not entirely impossible.
Why the Shiba Inu price will never hit $ 1
Davinci Jeremi, a prominent Bitcoin analyst with over 825,700 followers on X (formerly Twitter) has declared Shiba Inu Prize will never reach $ 1. To understand why the analyst has made such a gloomy prediction he points to Shiba Inu’s Market value and delivery dynamics.
With Shiba Inu’s huge circulation supplyJeremie claims that reach $ 1 would require an astronomical market value far beyond what the crypto market could maintain. From April 2025, the total circulating range of Shib is approximately 589.5 trillion. This number, however, varies by daily Token burns.
In order for Shiba Inu to hit $ 1, Jeremie has stated that its market value would need to increase to an astonishing $ 600 trillion. To put the large scale in this figure in perspective, a comparison between bitcoin, gold and Global Crypto Market Cap Helps to illustrate how unrealistic this milestone is.
Currently, Bitcoin, the world’s largest Cryptocurrency after market value, is worth about $ 1.66 trillion. For Shiba Inu to achieve a $ 1 price point, it would have to surpass almost 600 times Total Market Cap of Bitcoin.
Goldas generally regarded as a Reliable value store and has a market value of about $ 21,857 trillion, would still be considerably dwarmed by the necessary SHIB market value to $ 1. To put it simply, Shiba Inu would reach this figure to need a valuation almost 300 times larger than the entire global crypto market, which currently is approximately $ 2.65 trillion.
As mentioned earlier, the Shiba Inus huge range contributes significantly to why a $ 1 price is unrealistic. While Cryptocurrencies as Bitcoin have a covered range, SHIB’s exponentially larger, created to appeal to his society.
The large number of tokens in circulation is part of what is holding Shib’s current price So low at $ 0.000012. So does it practically impossible to reach $ 1 Unless drastic changes are made to deliver or token burns the skyrocket astronomically.
Community recognizes Shibs $ 1 pipe dream
Following Jeremie’s explanation that Shiba Inu is unlikely to ever hit $ 1, many were in the crypto community with his feeling and emphasized how unrealistic and ambitious This goal is. While many completed that shiba inu can’t reach $ 1, others offered potential solutions They believe that one day could turn this far -reaching goal into a reality.
A member marked The need to reduce shiba inu delivery. In the first place, this would mean token burners, who permanently remove symbols from circulation. Since its inception, over 410.7 trillion SHIB symbols have been Burned. Despite this progress, however, the circulating supply remains overwhelmingly large.
Image from Pixabay, diagram from tradingview
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